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

business-1836990_960_720

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.Â

Basic RGB

THREE KEY ACTIONS TO DEFINE INSURANCE TECH INVESTMENT IN 2019

Insurance business technology teams caught a few breaks in 2018. There were fewer, though costly, insured weather losses, as well as new thinking by insurance regulators when it comes to disruptive technology.

life-health-insurance-policy-concept-idea-finance-insurance_1421-87

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.

Big-Data-in-the-Financial-Services-Market

BIG DATA IS CHANGING THE INSURANCE FOREVER. KNOW HOW!

Insurers have historically collected a large amount of data, but have been slower to capture its value. As more insurance consumers move online to compare products & prices, and make purchases, the volume of available data has increased exponentially.

grey-miniature-car-model-coins-wooden-table_70287-2129

UNLOCK THE GLOBAL POTENTIAL OF MICROINSURANCE

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

43626881395_7073c2bc93_b

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.