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

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INFOGRAPHIC: STATS AND FACTS ON SMART HOMES

Smart homes are on the rise as the age of convenience and technology grows. What exactly is a smart home? A smart home is one in which you can monitor, control and track various appliances from the convenience of your smartphone or device.

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BIG DATA IS CHANGING THE INSURANCE FOREVER. KNOW HOW!

Insurers have historically collected a large amount of data, but have been slower to capture its value. As more insurance consumers move online to compare products & prices, and make purchases, the volume of available data has increased exponentially.

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UNLOCK THE GLOBAL POTENTIAL OF MICROINSURANCE

Microinsurance is a fast-emerging financial service taking advantage of current low insurance penetration rates and the increasing need to protect consumers from financial shocks.

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6 TECHNOLOGY TRENDS THAT WILL DEFINE THE FUTURE OF CAR INSURANCE in 2019

Recent technology trends are changing the way that customers interact with a business. Traditionally, car insurance was dependent on the likes of an insurance agent, the claims team and a simple helpdesk.

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INSURANCE COMPANIES FACING DIGITAL REALITY!

If someone had asked ten years back which industry should be the first to taste digital innovation, many would have pointed towards the insurance industry.

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WEARABLES AND FITNESS DEVICES OFFER NEW OPPORTUNITIES AND CHALLENGES FOR THE INSURANCE INDUSTRY

Wearables and fitness-tracking technology have witnessed rapid growth in recent times. International Data Corporation reports that one in every five people in the U.S owns a wearable fitness device. It also estimates that annual shipments will exceed 250 million devices by 2021.