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

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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.

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AS TECH CHANGES THE INSURANCE INDUSTRY, WHAT SHOULD INVESTORS LOOK FOR?

In the past few years, some big changes have been unveiled in the insurance industry. Prudential Financial said it will go straight to consumers with its insurance products for the first time in its 143-year history, offering products through its website rather than selling exclusively through its large network of advisers.

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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.

Property and casualty insurance

Property & Casualty Insurance should not be an Option

Think about the most common types of insurance to protect your financial life. Well, the first few that may hit your mind are likely to be health, life and disability insurance and protecting your health, income and family must be at the top of your priority list. What about safeguarding your possessions and financial assets? This is where property and casualty insurance comes in the picture. It helps you protect your assets from a disaster […]

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Four Digital Trends Transforming the P&C Insurance Landscape

The property and casualty insurance hasn’t changed much in the last many years. Everything is just the same – collecting premiums, paying claims and assessing risk. Though, recently, a radical transformation can be seen in the industry – thanks to the series of digital innovations. Digital communication platforms and telematics have shifted the focus from products to a more personalized customer experience. All these trends open a new universe of opportunities for P&C insurers.

Artificial Intelligence

Disruption in the Insurance Experience: Artificial Intelligence

The insurance industry has not witnessed many innovations when it comes to providing customer experience. However, things are changing, and artificial intelligence is playing a significant role.