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

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ADVANCED ANALYTICS – A BOON FOR INSURANCE PROVIDERS

Data generated, collected and processed in huge volumes led to this massive phenomenon called Big Data. This big data eventually gave rise to the revolution of analytics.

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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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UNLOCK THE GLOBAL POTENTIAL OF MICROINSURANCE

Microinsurance is a fast-emerging financial service taking advantage of current low insurance penetration rates and the increasing need to protect consumers from financial shocks.

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6 TECHNOLOGY TRENDS THAT WILL DEFINE THE FUTURE OF CAR INSURANCE in 2019

Recent technology trends are changing the way that customers interact with a business. Traditionally, car insurance was dependent on the likes of an insurance agent, the claims team and a simple helpdesk.

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INSURANCE COMPANIES FACING DIGITAL REALITY!

If someone had asked ten years back which industry should be the first to taste digital innovation, many would have pointed towards the insurance industry.

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WEARABLES AND FITNESS DEVICES OFFER NEW OPPORTUNITIES AND CHALLENGES FOR THE INSURANCE INDUSTRY

Wearables and fitness-tracking technology have witnessed rapid growth in recent times. International Data Corporation reports that one in every five people in the U.S owns a wearable fitness device. It also estimates that annual shipments will exceed 250 million devices by 2021.