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Showing posts from May, 2023

The Ultimate Guide: How will Data Analytics Transform the Insurance Industry in 2023

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  Published on May 04, 2023       With the insurance value chain becoming more connected, insurers are able to gain a better understanding of consumer persona as well as gain a competitive advantage in the market. A recent Gartner report found that enhancing the customer experience and operational excellence is the new driving force for a majority of insurance digitalization initiatives in 2023. Data enables carriers to collaborate with their customers and generate real-time feedback for value-added business solutions.  To effectively execute business strategies, insurers are taking actionable data insights into consideration. And the answer lies in maturing analytics and getting actionable insight faster and more accurately. Let's explore the ways data analytics will positively shape the  insurance industry in 2023 .   Introduction to Data Analytics in Insurance   The technological landscape changes across industries are also impacting ...

The Future of Mobility: Top Trends to Watch Out for in 2023

  The world of mobility is evolving at a faster pace. With the enormous growth in ride-hailing and autonomous vehicles, the sector is set to grow in popularity over the next few years. People are evolving, and so are technologies to accommodate their needs and comfort. Cities are becoming smarter and more sustainable with the adoption of technologies. Every sector has witnessed a change of trends dynamically for multiple reasons. The change in consumer behavior, requirements, or the motive to elevate the level of experience, can be considered some of the reasons for changing trends. The urban mobility sector also falls in the category which is being perceived as dynamic in terms of changing  trends . In 2023, the mobility sector will undertake a concentrated and collective effort to enhance the safety of roads and make them safer for drivers, passengers, cyclists, as well as pedestrians. Along with safety efforts, in 2023, the industry can also witness multiple municipalities ...

Future of Work: Top Hiring Trends to Look Out for in 2023 and Beyond

Since the onset of the pandemic, the world has witnessed a cascade of global events in the last few years, such as volatile geopolitical situations, the looming recession threat, along with environmental deterioration that is leading to climate change and global warming. And with the world slowly getting accustomed to the new normal,  businesses  and individuals are undergoing many transformations to adjust to the changing landscape. Today the future of work lies on a different trajectory than it used to be. And recruitment is one of the primary functions that is struggling to match this trajectory for businesses to thrive. With 2023 on the horizon, organizations are gearing up to embrace new trends in the new year. Here are some hiring trends industry leaders can expect to build their recruitment strategies. Read more:  Why Investing in Employees Enables Better Business Results? Current Trends in Talent Acquisition in 2023 Trends #1: Remote Hiring on the Rise Employees l...

Investment Outlook 2023: Top Climate Change Stocks

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  With the climate crisis on the rise and change having a devastating impact on the economy and stock market, there has been a rise in investment opportunities for investors searching for climate change or   green energy stocks . As per the recent report published by Swiss Re, a leading global insurance provider, the effects of the climate crisis can slash global economic output by 11% to 14% by the year 2050. This holds the potential to wipe away almost $23 trillion of global gross domestic product. Such a dramatic decline in global economic output will possibly affect the stock market. Many businesses are taking it as their social responsibility to offset their carbon emissions as well as to reduce the long-term impacts of climate change. Many emerging  ESG investing  leaders are spearheading efforts to boost renewable energy production while reducing the use of fossil fuels. Meanwhile, others are investing in climate tech, which holds the potential to reduce the i...