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

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P&C INSURANCE TRENDS To Watch In 2019

In 2019, drone pilots could become the next claims professionals, wearables could transform workers’ comp, and social media could enhance underwriting. And that’s just scratching the surface of what the future of insurtech could hold.

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PROTECT YOUR ASSETS WITH P&C INSURANCE

With health insurance dominating the industry, people often overlook the property and casualty (P&C) insurance coverage. However, it is imperative and should be an integral part of your financial plan, especially for high-net-worth individuals.

Digital Technology

Advanced Analytics and the Future of P&C Insurance: Infographic

A recent P&C Insurance Advanced Analytics survey conducted by Willis Towers Watson shows that insurers plan to adopt newer technology like advanced analytics, machine learning and Artificial Intelligence (AI) in the coming years.

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Trends to Impact the Casualty Insurance Market

The casualty insurance market is going through a time of intense change. As technological advancements and higher customer engagement redefine the marketplace, insurers remain focused on addressing challenges, increasing top-line sales and improving bottom-line profitability.

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Impact of Digital Opportunities on the Insurance Model

The insurance industry has always struggled to secure customers’ trust. Customers usually consider an insurance purchase as a burden, and not as something they want to buy. Insurance companies have neither taken any effective measures to build customer relationships, nor have they communicated insurance’s true value proposition.

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Property & Casualty Insurance should not be an Option

Think about the most common types of insurance to protect your financial life. Well, the first few that may hit your mind are likely to be health, life and disability insurance and protecting your health, income and family must be at the top of your priority list. What about safeguarding your possessions and financial assets? This is where property and casualty insurance comes in the picture. It helps you protect your assets from a disaster […]