Starting October 2024, policyholders in India will benefit from major regulatory changes by the IRDAI. Life insurance policyholders can now receive a surrender value after the first year of premium payments. Before this, no surrender value was available until after two years of premiums. This new rule provides more flexibility for policyholders who may need to exit early, offering more.. Read more
Creating a vision board and integrating coaching from a client’s perspective can be a transformative combination for personal and professional development. Together, these tools help clients achieve their goals by providing clarity, motivation, and direction. Vision Board from a Client’s Perspective A vision board is a visual representation of a client’s aspirations, goals, and dreams. It’s a creative tool that.. Read more
As an insurance enthusiast, I’ve been reflecting on key approaches to effectively measure and communicate the value of telematics to customers: I’m curious—what are your experiences with telematics, and how do you think insurers can further unlock its potential? #telematics #insurtech #customerengagement #dataanalytics #insurance”
We often idealize leaders as superheroes, capable of overcoming any challenge alone. But the truth is, the most effective leaders are human leaders. They’re not afraid to show vulnerability, connect deeply with their teams, and inspire their people to reach their full potential. Work ethic is essential, but it’s not enough. True leadership is about building relationships, fostering trust, and.. Read more
RAG, or Retrieval-Augmented Generation, was first proposed in 2020 by Facebook AI Research. This method enhances generative AI models by accessing external information to improve accuracy. Initially, RAG relied on unstructured data, but has since evolved to include structured sources like knowledge graphs, documents, articles etc. In the insurance industry, RAG can be a game-changer. It can improve chatbots, Q&A.. Read more
The deeper I delve into transformation, the clearer it becomes: people are the true catalysts of change. While systems, structures, and processes provide the framework, it’s the human element that brings transformation to life. A coach serves as a beacon, guiding individuals through this process by focusing on their growth, development, and well-being. They help individuals through partnership and collaboration.. Read more
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