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

Will-2020-be-the-year-of-Autonomous-Cars

Will 2020 be the year of Autonomous Cars?

  Its 2015 and we already have almost 11 companies signed into the research on autonomous cars and now Toyota corporation has also announced a $50 million investment in autonomous cars. While most cars launched in 2016 will have semi-autonomous features in them, full automated cars seem to be only a few years away.

Self-Driving-Cars-A-View-From-2025

Self-Driving Cars: A View From 2025 – Wards Auto

All of the main human-error causes of accidents involve functions that automated cars likely will perform significantly better than humans. An array of self-driving cars will be on the road within the next decade.

Millennials-Dont-Want-To-Buy-Insurance-from-Local-Agents-[Report]

Millennials Don’t Want To Buy Insurance from Local Agents [Report]

  In a study by Effective Coverage, it was found that millennials who make up the 18-29 age groups are 50% less likely to purchase home and renters insurance from a local insurance agency as compared to their parents.

Connected-Homes-Revolutionizing-the-Future

Connected Homes Revolutionizing the Future

  Over the next five years, homes are going to be smarter and more connected. When Google acquired Nest for $3.2 billion in January 2014, it emphatically signaled the Internet of Things and Connected Home had arrived.

Why-we-need-More-Smart-Home-Devices--How-to-Reduce-Home-Insurance-Costs

Why we need more smart home devices & how to reduce home insurance costs

  Insurance is evolving and technology has everything to do with it, from telematics to drones, could homeowner’s insurance be left behind? Home insurance is costing a bomb and requires intervention, the risks are high and so are the claims, there is a need to reduce the risk by using connected security and home automation devices. Smart homes are no longer a thing of the past, from smoke alarms to thermostats, the idea is to […]

Technology-is-changing-the-Way-We-Drive-Our-Car

Technology is changing the Way We Drive Our Car

  With the use of technology in cars, driving a car has a new perspective now, from steering the car or using the brakes or speed control, everything is now getting connected and bringing in new changes in the automotive industry.