Sensitive customer data of approx 100 million US insurance policyholders have been compromised, due to frequent data breaches, over the last 2 years.
The Deloittle Centre for Financial Services 2022 insurance outlook survey.
According to a Deloitte survey in the US, Insurance providers are experiencing difficulty while offering tailor-made customer experiences on their own.
To compete with big players, Mid-sized banks tend to embrace a Front-to-Back digital banking model, to improve the digital customer experience and forge dynamic alliances
After facing 2 years of downslide during the pandemic, Banking & Finance businesses need to embrace