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.

AI_1170x565

AI IS READY TO STREAMLINE THE INSURANCE PROCESS!

The insurance sector depends on loads of data — structured and unstructured, collected from multiple sources including social network, websites, surveys, live chats, third-party sources, customer’s existing insurance policies, and agents.

download

ROADBLOCKS TO INSURANCE DIGITIZATION

The insurance industry is continually being pushed towards a digital transformation. It’s not just the pressure from millennials, but there are other drivers as well pushing this change, including new market entrants, changing customer behaviour and technology.

Ins-3

INSURERS USING DIGITIZATION TO THEIR ADVANTAGE!

The insurance industry is going through a significant digital transformation. An upsurge in insurtech investments has shaken the insurance industry to its core.

AI-9-1

ARTIFICIAL INTELLIGENCE MAKING INSURANCE EXPERIENCE BETTER

From managing chronic conditions more efficiently to helping customers choose the right insurance plan, artificial intelligence (AI) is ready to disrupt the health insurance industry. Insurance companies today are using AI in ways not possible a few years ago.

big-robot-hand-1

ARTIFICIAL INTELLIGENCE HAS MADE INSURERS LIFE EASIER – HERE’S HOW!

For most people, contacting an insurance company isn’t among their favourite activities. The industry is known to have a bad reputation regarding customer experience. Customers often come disappointed and dissatisfied after their interactions with an insurance executive.