Onegini is a market leader in IoT, helping insurers get closer to their customers by delivering enhanced product offerings. In this blogpost we specifically discuss why the LeakBot IoT connection is so powerful in the insurance market and how by detecting water leaks insurers can save money, increase retention and positively impact NPS.
Onegini introduced Multi-Factor Authentication at the Liferay Developer event. It was great to see the community embracing a solution like this. In this post we combined an FAQ, the full presentation and the slides in case you missed it. Hope you enjoy it as much as we did.
We are pleased to announce that we have been selected to present our innovative solutions among 50 insurtech leaders at DIA Munich. DIA = Digital Insurance Agenda. DIA Munich is the biggest global conference connecting insurance executives with insurtech leaders, and will take place on 15-16 November 2017.
Passwords must disappear. That's what security advocates say. Just like credit cards, fridges that are unconnected to the super market and doors that lock with a key? In reality banks with low efforts in security are hacked and consumers don't really care. With the same consumer mindset we run companies. Security is a checkbox, not a critical part of your company. We just blame someone when it goes wrong and eat the costs.
In this blogpost you'll learn why that's a mistake in 2017. You'll see why passwords are not like fridges connected to the supermarket, but more like cassette tapes that are a waste of your time. You can write a blogpost on cassette nostalgia but we all know there are lots of better options to choose from: from Spotify to Apple Music to CD players. I'll review the best alternatives to passwords, so you can be the first to write a blogpost on password nostalgia.
The process of buying things online is a delicate one. Whether you're selling shoes, insurances and/or services. Any additional step or roadblock will cost you buyers. Login - no matter how easy - is such a step. When I enter a store I don't have to show my ID. There should be no need to login online when you want to buy things. Right? Let's do a thought experiment and check the requirements. I'll give you a little teaser: it's not as easy as it sounds...
The insurance industry is shifting focus towards prevention and insights. This means developing valuable relationships with your customers while saving money on claims. According to Bain research, 5% increased customer retention will increase profits with more than 25%!
However many insurers have a paper-only relationship with most of their millions of customers. Before you can start to improve the relationship with your customers, you need to get them online.
Six tips for seamless and secure onboarding!
Denis took the stage at Kuppingercole to explain why Onegini empowers digital insurers. How do you get customers online? How do you increase interactions? He explains business challenges like how to onboard your customers? How do you create a frictionless user experience? But at the same time there are some technical challenges insurers face like Single Sign-On, many silos and compliance and regulation like GDPR.