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Data forms the bedrock of the U.S. insurance industry, which accounts for almost 2.7% of the domestic gross domestic product, according to the Insurance Information Institute. Over the years, companies like yours have collected, stored and analyzed massive data sets to price different types of risks, and accordingly issue insurance policies. However, the unprecedented pace […]
How Insurers can Boost Customer Engagement with Marketing Automation and CRM
Customer acquisition and retention has always been a challenging task for chief marketing officers (CMOs) at insurance companies like you. In a hypercompetitive industry that is beginning to transition from being product-centric to one focused on consumers, you today need to reimagine your customer engagement strategy. Why? Because, brand differentiation remains a major business goal […]
Enabling Business Outcomes with ‘Right-site’ IT Outsourcing: How Damco’s Global Delivery Model Works
Despite all the concerns around globalization beating a retreat in recent years amid a rising wave of protectionism in several countries worldwide, IT outsourcing remains hale and hearty. Almost 70% of enterprises intend to outsource more of their IT, with 83% of vendors anticipating a rise in business volumes, the Global Sourcing Association’s “Outsourcing in […]
Insurance Disrupted: How AI, IoT and Blockchain are Transforming Insurance Processes
The $4.8 trillion insurance industry today faces multiple challenges including stricter regulations, increasing cost of capital, mounting competition from nimble technology upstarts, and lower returns generated from invested assets. And, as the convergence of the physical and digital spheres accelerates, insurers also have to contend with rapidly evolving customer expectations around personalized products and services, […]
6 Best Practices You Should Embrace for High-Quality Code Reviews
How can organizations enhance the development and maintenance of the quality of their software? By adopting a robust quality control (QC) process, if you were to go by the 2018 State of Code Review report. The survey of 1,100 IT professionals and business executives carried out by U.S. software tool development firm SmartBear found respondents citing […]
Want to Be a Great CTO? Here are 5 Qualities You Must Have
“With great power comes great responsibility”, French philosopher Voltaire had said, as did Uncle Ben of Peter Parker in the movie Spiderman. As a chief technology officer (CTO), you surely aspire to this credo. With all-pervasive software transforming business models, products, services and processes across industries, the role and stature of CTOs like you is […]
6 Best Practices You Must Adopt to Make Your Globally Distributed Teams More Productive
Globally distributed software development has come long a way since the idea was pioneered by the open-source community. Today, companies are deploying teams across different locations and time zones as they seek to boost agility and cost efficiency, reduce time-to-market, and attract and retain top-quality talent. The adoption of distributed development has rapidly increased in […]
8 Best Practices to Help You Hire Great Technology Talent
As IT continues to transform and disrupt every industry, companies, big and small, are aggressively looking to hire top tech talent. In fact, software development has overtaken health care as the most lucrative work profile in the country, according to the annual ranking of best jobs released in January 2018 by U.S. News & World […]
What makes us a Reliable Technology Partner?
Technology keeps your business running; we keep your technology running! Trust is the most important predictor of any viable long-term relational success, and at Damco, we hold trust in high regard. After working with a number of leading ISVs and Enterprises, we have built a reputation of a trusted technology partner offering custom software services […]
How Robust API Integration can Help Address Legacy System Challenges and Complexity
Agility today has become a vital ingredient of business success in the digital era. Rapidly changing customer demands, mounting competition and continuous technological advancements mean enterprises need to respond swiftly to a dynamic marketplace, in order to stay relevant. Against this backdrop, ensuring seamless technology operations and connectivity is a key imperative for every organization. […]
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