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

data-breach-infographic

Data Breach: Is Your Business at Risk?

  A data breach is an incident in which sensitive, protected or confidential data has potentially been viewed, stolen or used by an individual unauthorized to do so. Data breaches may involve personal health information (PHI), personally identifiable information (PII), trade secrets or intellectual property.

Flood-Insurance-What-you-need-to-know!

Flood Insurance: What You Need To Know!

  With the recent floods in Texas, we are all wondering what to do in case of such an emergency, who to call? what to do? how to cover the loss?,  the house and other property would require repair and that would require money.  Flooding is America’s most common natural disaster, yet many homeowners are unprotected and without a flood insurance .

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Risk Management Focus Has Flipped Since Bubble Burst

  The insurance industry has faced difficult times following the collapse of the subprime bubble back in 2008. Some big names have been particularly hit by the financial crisis and many observers wondered whether insurers were running efficient risk management principles.

Insurers-Transform-Customer-Service-through-Digital-Innovation

Insurers Transform Customer Service through Digital Innovation

  Digital innovation has transformed entire sectors of the economy over the past two decades and placed enormous pressure on companies to evolve their strategies to maintain relevance in the marketplace.

Data-Governance-Breaks-It-All-Down-for-Insurers

Data Governance Breaks It All Down for Insurers

  There is great value to be gained from a data, as Millers Mutual Group discovered, but as the insurer learned, attempts to leverage their data always came back to the issue of granularity. Without it, trying to do predictive analytics was just too difficult.

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Mobile Insurance Websites: More than Just a Pretty Face

  More and more, mobile devices are the platform of choice for consumers accessing the web. The mobile tipping point was reached in early 2014 when users choosing the mobile web surpassed users on a desktop connection.