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

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PROTECT YOUR ASSETS WITH P&C INSURANCE

With health insurance dominating the industry, people often overlook the property and casualty (P&C) insurance coverage. However, it is imperative and should be an integral part of your financial plan, especially for high-net-worth individuals.

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DRONES – THE NEW INSURANCE CLAIMS INSPECTOR!

The insurance industry has been lagging far behind when it comes to digital transformation. Yet in some ways, insurers have leapfrogged new technological hurdles, and started adapting the Internet of Things (IoT) to assess claims and reduce risks.

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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5 THINGS INSURERS NEED TO KNOW BEFORE USING DRONES – PROPERTY CASUALTY 360°

New practical and consumer-facing applications for drone technology dominated the Consumer Electronics Show earlier this year with businesses and other large-scale organizations cashing in on the phenomenon.

IoT

Using IoT for Homeowners

Many homeowners are already using smart, connected products such as thermostats, security systems and lighting. But these are only the beginning of IoT for homeowners.

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Reaching The Millennial Consumers: Infographic

  Millennials form the largest generation and fastest-growing consumer and employee-base in the United States, totaling at 76.6 million. According to the U.S. Census Bureau, they account for $1.6 trillion in purchasing power. Agencies are developing new ways to attract, convert and retain millennial consumers as they will have an influential impact on the organization’s profitability, both now and in future.