There’s no denying that the insurance industry is a highly competitive market. With more outsider businesses, such as banks and supermarkets, offering insurance products, the competitiveness of the insurance market is only looking to increase. How are SME insurance businesses, such as brokers, able to compete with the giants?
There are a lot of myths out there about online payments and we’re here to set the record straight. Unfortunately many business owners are still scared of online payments, or think they aren’t necessary for their business. These business owners are in fact missing out on an opportunity to please and attract clients, reduce back office processes and save money. We’ve debunked 7 common myths so your business doesn’t have to miss out any longer.
Almost a year ago we posted on how mobile apps can improve the workplace. Flexibility, communication, productivity, customer expectations, and job satisfaction made up the list of many benefits that apps can bring to a business environment. With these benefits in mind, apps can prove to give your business an edge on your competition. This post we wanted to explore in greater depth just how mobile apps can help your business stay ahead of the competition and help build your brand. Continue reading →
There would have been a time, not that long ago, where if a company told a customer “do it yourself”, that company would no longer have that customer. But slowly overtime there has been a shift in the role of the customer and their involvement in the delivery of services. We saw it with the demise of the petrol pump attendant (although the UK have revived them for a short time), the introduction of ATMs, and more recently the supermarket checkout. Most predominantly customer self-service can be found on the internet. It appears customer self-service is a lot of work voluntarily taken on by the customer. So why do customers love self-service?
After much research, we predict the following technologies will shake up and change the insurance industry in 2016. What is most interesting is that 4 out of 5 of the technologies weren’t made with the intention of being used in the insurance industry. This raises a lot of questions about the insurance business. Continue reading →
Cloud solutions continue to gain popularity both among consumers and businesses due to the many benefits they offer. You may have assumed it was just another passing buzzword. But with spending on cloud solutions in Australia predicted to approach $800M by 2019, it seems the cloud is here to stay, and with good reason.
Now that 2016 is well and truly upon us, we can reflect on the year that was 2015. Looking back, it was another big year for technology. We saw the introduction of the driverless car, the Apple Watch, and motorised skateboards; as well as some not so great technological accomplishments, such as the Ashley Madison hack, Lenovo machines shipped with pre-installed adware, and the VW scandal. If the 2016 predictions circulating the internet are anything to go by, the technology evolution is showing no signs of slowing down any time soon.
The technology evolution is not only changing the consumer world as we know it, but the business world too, with more and more companies implementing digital strategies and introducing new technologies to their processes and customer experiences. While it can sometimes feel that technology is evolving at such as a pace it is impossible to keep up, there are a few simple ways for your business to reap the benefits of the digital age. Continue reading →
In the spirit of the season, we decided to look at the rise of technology among the many items that will be given as Christmas gifts this year. Some are completely new and innovative products, others are products we have known our entire lives that have had a technological makeover. But they have one thing in common: they can connect to the internet.
The “Internet of Things”, as it’s called, appears to be expanding by the minute, and is therefore no surprise that many of this year’s most wanted Christmas presents are also among the most hackable. Smartphones, laptops, tablets and eBooks are quite obviously connected to the internet. Other products’ internet connection, however, can often be overlooked, leaving personal details vulnerable. These days’, TVs, cars, home appliances and even some toys have the ability to connect to the internet. But there’s no reason to be alarmed, just to be aware and take the necessary precautions to make your devices and personal data secure.
This is our pick of 2015’s most hackable Christmas gifts.
“Everything is hackable”, whistle blower Edward Snowden said of the newly introduced Australian meta-data retention laws, “So you hope the government agency or the third party provider has very high security standards”. If you’re not exactly sure what the meta-data retention laws are, they require telco companies to store records of phone and internet activity for two years and grant access to security and law enforcement agencies without a warrant. This includes the phone number of people you called or sent SMS messages to, time and date of calls and SMS, length of calls, the location of the nearest phone tower when you sent or received a call or SMS; and for internet activity: the time, date, size, sender and recipients of emails, time and duration of your web connections, your IP address, the volume of your uploads and downloads, location and geographical data.
According to the Australian government these laws have been introduced in an effort to enhance Australia’s security against terrorism and criminals. However it would appear that these new laws could actually reduce Australia’s cyber security. While the meta-data won’t record the content of your communications, there is still a lot of information that, if found in the wrong hands, could put Australians and businesses in a vulnerable position. Continue reading →