Travel

Node.js

React

Vue.js

React Native

Creating Next-Gen, NDC-Ready Distribution Ecosystem for Airlines

Finance

LangChain

ChromaDB

Azure OpenAI

Building AI Assistance for Retirement Financial Planners

Python

WebSocket

Elasticsearch

OpenAI API

Simplifying Vacation Planning with AI Travel Assistant by AltexSoft

Finding Expansion Opportunities for Onyx CenterSource through Market Research

Professional Services

Amazon Web Services

DynamoDB

AltexSoft Built a Conferencing App with Embedded Speech Recognition

Java

Angular

Wayaj and AltexSoft: Improvіng the Code Base of the Carbon Footprint Calculator

AI & Data Science

AltexSoft Enabled Natural Language Search for Tours with ChatGPT

Swift

Cloud

UI/UX

AltexSoft Helped a TMC Automate Rail Booking

Insurance

Andrii Tarhonii

Kirill Stati

Oleksandr Medovoi

AltexSoft to Participate in The Phocuswright Conference 2025

Eugene Ovdiyk

Oleksandr Blishun

Olga Husarova

Vitalii Barkatov

AltexSoft to Participate in ReBuild Ukraine 2025 in Warsaw

InsurTech Trends & Insights

Insurtech Market Overview: Segments, Trends, Key Players

 Insurtech is transforming insurance from a rigid, paperwork-heavy industry into a digital, data-driven ecosystem. By combining technology with insurance expertise, insurtech companies are redefining how policies are created, distributed, and experienced. In this post, we explore the current 

Intelligent Document Processing (IDP) in Insurance

 Insurance companies handle enormous amounts of paperwork — claim forms, medical reports, invoices, and policy applications — all of which arrive in different formats and often require hours of manual review. Intelligent document processing helps optimize workflows and save on manual labor. Let’s 

Next Best Action in Insurance: Between Promise and Challenges

 Insurance has always been about timing: offering the right protection at the right time. But in today’s crowded retail landscape, timing alone isn’t enough. Customers expect insurers to anticipate their needs, personalize offers, and remove friction from every interaction. This is where Next Best 

Parametric Insurance in Travel: Game Changer or Passing Fad?

 Parametric insurance is reshaping the landscape of travel risk management by offering fast, transparent, and automated coverage based on predefined parameters. Let’s explore this concept in depth and compare its role in the travel industry to traditional insurance. If you need a bigger picture, we 

Selling Insurance Online: DTC, Aggregators, Bancassurance, Embedded

 From price comparison sites to embedded insurance at checkout, the digital transformation is not only redefining how insurers reach customers but also expanding the market by making products more accessible and tailored to modern consumer behavior. A J.D. Power study found that customer 

Travel Insurance: Coverage, API Integration and Major Providers Explored

 According to the International Travel & Health Insurance Journal, only about 20 percent of travelers in the USA purchased travel insurance before the Covid-19 pandemic, but at present this number has increased to more than 60 percent. That is why travelers become more concerned about the benefits 

Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

 Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldom interact with their customers. According to The Independent 

Automated Claims Processing: Using RPA and Machine Learning to Manage Insurance Claims

 The insurance industry is notoriously bad at customer experience. Not in China though. In the last few years, Chinese tech giants have been making massive strides at becoming the center of insurance innovation. Look at just one example: WeSure, the insurance platform emanating from the messaging 

Insurance Technologies: 13 Disruptive Ideas to Change Insurance Companies with Telematics, Blockchain, Machine Learning, and APIs

 Have you ever tried to check your insurance claim status? It often requires several calls, some emails, or even visiting an agent to get claim status details. Lack of web presence equals lower customer satisfaction. Today, nearly 61 percent of customers prefer to monitor their application status 

AI and Machine Learning in Finance: Use Cases in Banking, Insurance, Investment, and CX

 Just 30 years ago, you would have to wait days for a bank to approve your credit. Or spend weeks bogged down by your insurance company’s bureaucracy just to get a refund after a minor car accident. Today, these operations take less than a day as documents are submitted and processed online with 

Learn about cutting-edge insurance technology, including digital transformation, AI-driven solutions, automation, and InsurTech trends shaping the industry.

Latest Technology Insights - Insurance