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Veritas technologies have recently joined Mtech and Transunion to pen commitment towards sponsoring the forthcoming East African Insuretech forum, the premier in the region at the Nairobi’s Serena Hotel on the 19th September 2019.
With the increasing call to digitize the insurance industry, CIO East Africa hosts the forum themed; Connecting the Digital Future of Insurance Today, to bring together top tier industry players from both the insurance and the technology spaces to engage on the best technology practices to grow the insurance industry.
“Today’s insurance companies are facing a perfect storm of three converging factors: the struggle to achieve top-line revenue growth, changing customer needs and expectations, and encroaching technology giants and new players taking market share from incumbents,” says Laura Chite, CEO CIO East Africa, adding; “In light of these pressures, innovation is a business imperative to insurance firms.”
Today, there are countless new technologies to automatically and non-intrusively acquire consumer data in real time, thereby helping insurers better calculate and manage risk. This provides opportunities for insurers to underwrite policies that could not have been covered profitably in the past.
A qualified regular member of the Responsible Business Alliance, Veritas on boards the sponsorship wagon to offer modern and integrated technology that brings together availability, protection, and insights.
It offers a variety of products ranging from digital compliance, to modern work load, GDPR and Software-Defined storage among others joins to offer context and insight on data protection and management on their digitization journey.
MTech Communications group is a leading mobile content and media interactivity provider, that offers first class services in data communications focusing on mobile applications technology, using existing GSM networks and state-of-the-art mobile technology.
A member of WASPAN, MEF (Mobile Ecosystem Forum), Profile Page and GSMA, Mtech launched its first product, MLife Service, in February 2002, to keep GSM subscribers connected to vital information necessary for their businesses and personal lives.
Today, MTech has developed and deployed lots of other innovative services that have transformed the lives and businesses of African GSM subscribers bordering its mission to leverage the most advanced mobile application technology in keeping people connected to information that is vital to their businesses and lives.
With vast expertise and experience in mobile application technology, Mtech shall be breaking the brick and mortar and explore the impact of mobility as a service in insurance.
TransUnion that sees information differently, not just for what it is but for what it can help people accomplish, believes in Information for Good and helping organisations and consumers achieve great things. They partner with banks, healthcare providers, property managers and insurance companies alongside others to help customers see a bigger picture and apply effective business strategies.
TransUnion values customers’ success going beyond credit data to offer the insights businesses and consumers need to make informed decisions and achieve great things. They will present on different services and solutions to enable insurance practitioners to use a wealth of information to make better decisions, be more competitive and take more calculated risks.