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

Insurance-Marketing-Automation

AUTOMATION IN INSURANCE – A MULTI-BILLION OPPORTUNITY

The concept of insurance has been there for ages, yet the business — collecting premiums, assessing risk and paying claims hasn’t changed much. Recently, the industry has embarked on a radical transformation, impelled by a series of digital innovations.

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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.

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INSURTECH – TRIGGERING INNOVATION IN THE INSURANCE REALM

The insurance industry is facing a convergence with technology, and as a result transforming the way it develops products, set prices, underwrites and sells policies. More and more tech-savvy players are entering the industry, bringing the full force of their innovative, opportunity-laden power.

Auto Insurance

5 INNOVATIONS CREATING A STORM IN THE INSURANCE INDUSTRY

Today’s consumers are becoming comfortable with new technologies. They expect this digital experience in every interaction, which means the need to innovate, is critically important for insurance companies.

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Technology is Reshaping the Insurance Industry

The insurance industry is experiencing a substantial digital transformation. Some of the insurance providers fear losing market share and are, therefore, racing to catch up with the digital natives that have entered the market.