With frequent natural disasters, uncertain economic expansion, increased competition, technology advancements, and customer expectations, the Caribbean region presents complex challenges in the insurance market. The recurrent natural calamities have made economic insecurities a major concern across the region. Though natural disasters can’t be controlled, a little preparedness can lessen the impact of disasters by structuring […]
Technology Leap to Drive your Insurance Business
Recent advances in technology, demography, financial reporting developments, regulatory changes and consumer needs and expectations are re-shaping insurance industry. Digital technology, enhanced data capture and analytics are changing the design, pricing and distribution of insurance products, along with policy and claims management. These changes are putting a severe strain on traditional business models and even […]
Damco Sponsors 38th Annual Caribbean Insurance Conference
The 38th Annual Caribbean Insurance Conference is around the corner. We are excited to be a part of this vibrant gathering of insurance professionals from around the world and appreciate the growth of Caribbean insurance industry. Being one of the sponsors of this event, we will be presenting our Solutions & Services for Insurance (P&C […]
Damco Turned 22 Amidst Joyous Celebration!
On 1st May 2018, we celebrated our 22nd Foundation Day. This was a special day when the entire Damco Family had a chance to reflect on the continuing journey, joy of learning and the giant leaps taken over the years. The celebration started with Lamp Lighting Ceremony, followed by a thought-provoking speech by our CEO […]
User Experience (UX) Design in Software Product Development
Business in the modern world is about selling experience to your end-users. In the realm of B2B offerings, when designing a new product, keeping in mind the importance of UX (user experience) really do serve as a north star. To provide a superior user-experience, it is important to truly care about your customers. And the […]
8 common Scrum pitfalls and the remedies
Today, product companies are shifting their focus from the traditional approach to new-age digital technologies to remain competitive and reach out to market faster. The companies are leveraging Agile methodology for a well-organized project management practice as it encourages frequent feedback, iterative development, teamwork, rapid and frequent delivery with a high-quality build and more. When […]
What is Blockchain Technology and how is it transforming different industries?
Originally invented for the cryptocurrency, blockchain is a technology now found usable in other traits and businesses. With a huge and unanticipated rise in connected devices, IoT, AI, and wearable technology, data safety continues to be the prime concern for individuals and businesses alike. Offering convenient, virtual, and reliable solutions for data security, blockchain has […]
Qualities to look for in an ideal Software Development Partner
Some of the major factors driving the software outsourcing market are improved efficiency, access to exceptional capabilities, and faster time-to-market. Having said that, many businesses still hesitate to outsource their software development and product engineering projects, finding it hard to withstand the loss of management control, culture differences, quality and external risks. Addressing to these […]
Is cost the only reason to outsource software development?
The global software outsourcing market is expanding at a rapid pace, and experts predict a significant rise in its volume in the upcoming time. According to Statistics Market Research Consulting, IT outsourcing accounted for $314.92 billion in 2015 and is expected to reach $481.37 billion by 2022, growing at a compound annual growth rate (CAGR) […]
Addressing Common Software Development Challenges
The competition between software businesses has greatly intensified, and this has led to the need of enhanced customer experience. The strategy, development methodologies, process optimization in product development was never more important than now. Adopting an agile and flexible product engineering framework for developing a robust and reliable product has become extremely important for product […]
