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

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USAGE BASED INSURANCE GENIE – DRIVING THE USER EXPERIENCE

Do you know; you can now save money on your car insurance? All you need is to become a smooth driver who doesn’t speed through turns or slam on the brakes. And that’s how usage-based car insurance works.

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INFOGRAPHIC: WHY INSURERS SHOULD HASTEN TELEMATICS INVESTMENT

The emerging insurance telematics is revolutionizing the auto insurance industry. Insurers that embrace digital transformation will have tremendous opportunities to better engage with their customers, while providing new and improved services and also cut down costs.

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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.

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GAME OF DRONES TRANSFORMING THE INSURANCE INDUSTRY

The insurance industry is experiencing a rapid technological transformation and the way people are purchasing insurance. If we talk about technology in insurance, the drone is one important technological tool that we can’t miss. This new technology is expected to impact the insurance industry significantly.

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Insurance Industry – Moving towards a Digital Age

Insurance is increasingly becoming a competitive market; hence, it comes as no surprise that insurance companies, nowadays, are harnessing new technologies to add value and create better outcomes.

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Is IOT Transforming the Insurance Industry?

The insurance industry is experiencing a profound change driven by a fast-growing and innovative force – The Internet of Things (IoT).