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

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VOICE TECHNOLOGY: THE NEW NORMAL FOR THE INSURANCE COMPANIES

Insurance is one of the oldest industries in the world, yet it lags somewhere behind other sectors in digital maturity.

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TECHNOLOGY ADDING VALUE TO THE INSURANCE INDUSTRY!

Just like other industries, technology is leaving significant footprints in the insurance sector too. Innovations and digital interactions are modernizing the industry and refining its ways of operation for good.

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INFOGRAPHIC: UNLEASH THE POWER OF PREDICTIVE ANALYTICS IN INSURANCE

Data and analytics play a critical role in insurance sales and distribution, underwriting, fraud prevention, and claims management. Predictive analytics uses data & statistical algorithms to forecast behaviour and continues to disrupt the insurance sector.

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INSURTECH TRENDS IN 2019

The technological growth is set to revolutionize the insurance sector. The introduction of new technologies is expected to benefit insurance companies, agents and above all the insured themselves.

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UNDERWRITING IN THE DIGITAL ERA!

The insurance sector is flooded with data from a variety of sources including, reports on property values, credit scores, and inspection reports.

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INSURANCE GOES DIGITAL – A WIN-WIN FOR INSURERS AND POLICYHOLDERS

A lot of changes can be witnessed in various sectors – healthcare, travel, finance, etc. – all thanks to digital technology. The emergence of new players using technology has disrupted the industries.