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

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INFOGRAPHIC: RPA RE-INVENTING THE INSURANCE INDUSTRY

Robotic Process Automation (RPA) is one of the most significant technology-based opportunities for the insurance industry.

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INFOGRAPHIC: UNLEASH THE POWER OF PREDICTIVE ANALYTICS IN INSURANCE

Data and analytics play a critical role in insurance sales and distribution, underwriting, fraud prevention, and claims management. Predictive analytics uses data & statistical algorithms to forecast behaviour and continues to disrupt the insurance sector.

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INFOGRAPHIC: WHY INSURERS SHOULD HASTEN TELEMATICS INVESTMENT

The emerging insurance telematics is revolutionizing the auto insurance industry. Insurers that embrace digital transformation will have tremendous opportunities to better engage with their customers, while providing new and improved services and also cut down costs.

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INFOGRAPHIC: UNLOCK THE VALUE OF BIG DATA IN INSURANCE

Property and casualty (P&C) insurers are advancing their use of predictive analytics, according to leading global advisory, broking and solutions company, Willis Towers Watson.

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INFOGRAPHIC: PREDICTIVE ANALYTICS DRIVES PROFITS FOR INSURERS

Data and analytics are essential to the success of insurance companies – underwriting and claims management, and fraud detection and prevention. They also provide insurers with valuable customer insights. Predictive analytics, which uses data and statistical algorithms to forecast behaviour, continues to disrupt the insurance sector.

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INFOGRAPHIC: TOP TRENDS IN THE INSURANCE INDUSTRY

The insurance industry is experiencing a new wave of revolution; while Insurtech is levelling the playing field, shifting marketplaces are contributing to innovative business models.