PCIT PLUSNews and Updates in the Property & Casualty Insurance Industry – A KMG Initiative

3-Ways-Insurance-Agents-Can-Succeed-Using-Technology

3 Ways Insurance Agents Can Succeed Using Technology

  Insurance is slowly emerging from its prehistoric traditional sales methods and slowly adopting technology into its business functions. Some players might be leading the way to digital transformation but most of the insurance carriers are still hesitant at undergoing a companywide digital overhaul.

Technology is Revolutionizing the Insurance Industry

Technology is Revolutionizing the Insurance Industry

  Compared to continental Europe, risk pricing in the insurance business in the US has historically been more advanced. The US also regulates personal lines pricing at a state level, and insurance rates must be published (even if not discernible without some complexity).

Insurance Industry Sees a Promising Opportunity in Wearable Technology

Insurance Industry Sees a Promising Opportunity in Wearable Technology

  The launch of Apple Watch has set a new era for a whole new range of wearable technology devices. Not just Apple, various other technology conglomerates such as Samsung, Huawei, Sony etc have also launched their versions of wearable technology devices.

Mobility-in-Insurance-Industry-is-Key-to-Customer-Attraction,-Retention-and-Customer-Communication

Mobility in Insurance Industry is Key to Customer Attraction, Retention and Customer Communication

  Insurance industry has always been the laggard when it comes to technology adoption, but a recent report by the Everest Group suggests something else. The atmosphere is changing and mobility in the insurance industry is becoming more and more pervasive. A lot of players are serious about mobility in insurance, leaving no stones unturned in devising and implementing their mobility strategies to stay relevant to attract potentials customers, retain existing ones and maintain constant communication […]