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

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MONITOR YOUR DRIVING HABITS WITH TELEMATICS!

Do you know making calls behind the wheel can increase your insurance premium? The insurance industry is going through a much-needed revolutionary phase; telematics technology is on the boom.

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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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INSURERS USING DIGITIZATION TO THEIR ADVANTAGE!

The insurance industry is going through a significant digital transformation. An upsurge in insurtech investments has shaken the insurance industry to its core.

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TELEMATICS – A GAME-CHANGER IN ROAD SAFETY

It’s no longer a secret that telematics is one of the biggest game changers in the way insurance industry functions. Telling someone to drive safely is quite meaningless, if without specifics. With telematics, insurance companies can now actually show drivers the way they operate their vehicles and what specifically they should do to improve their driving habits.

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TELEMATICS – FITBIT FOR YOUR CAR!

Over the years, automobiles have evolved tremendously. Yet the auto insurance has been slow to follow suit. It’s only in recent years that insurers have embraced technology. Insurance companies have been rapidly adopting telematics to improve the accuracy of insurance claims.

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TECHNOLOGY – CHANGING THE WAY WE BUY INSURANCE!

Do you still remember the comic science fiction cartoon “The Jetsons”, made in the 1960s and 1980s? This show made all sorts of predictions about the distant future – jetpacks and traffic jams on the skyways; but skipped over the question of insurance.