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

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INSURANCE INDUSTRY SHOULD EMBRACE AI-POWERED TOOLS

The insurance sector has no shortage of data – thousands of customer queries, claims on an everyday basis. The industry that heavily depends on analysis of terabytes of data requires innovative technology to understand what is contained in this information. Artificial Intelligence (AI) is making that possible in multiple ways.

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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Is IOT Transforming the Insurance Industry?

The insurance industry is experiencing a profound change driven by a fast-growing and innovative force – The Internet of Things (IoT).

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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Technology is transforming the way insurance carriers look at claims – ITA Pro

 From precision aerial and satellite imagery to the evolution of drones, technology is transforming the way insurance carriers look at claims. Aerial imagery has proven its worth in claims and underwriting as a way to achieve better results in the inspection process. GuideOne Insurance, which specializes in coverage for churches and nonprofit organizations, has been using aerial inspections from EagleView and Pictometry since 2013.