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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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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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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HERE’S HOW INSURANCE AGENTS CAN WEATHER TECHNOLOGY GAP!

The insurance landscape is changing at a rapid pace. More and more insurance companies are embracing the latest technologies, be it robotic process automation or predictive analytics.

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INFOGRAPHIC: UNLOCK THE VALUE OF BIG DATA IN INSURANCE

Property and casualty (P&C) insurers are advancing their use of predictive analytics, according to leading global advisory, broking and solutions company, Willis Towers Watson.

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INFOGRAPHIC: PREDICTIVE ANALYTICS DRIVES PROFITS FOR INSURERS

Data and analytics are essential to the success of insurance companies – underwriting and claims management, and fraud detection and prevention. They also provide insurers with valuable customer insights. Predictive analytics, which uses data and statistical algorithms to forecast behaviour, continues to disrupt the insurance sector.