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

5

INFOGRAPHIC: RPA RE-INVENTING THE INSURANCE INDUSTRY

Robotic Process Automation (RPA) is one of the most significant technology-based opportunities for the insurance industry.

shutterstock343130237auto-insurance

TECHNOLOGY ADDING VALUE TO THE INSURANCE INDUSTRY!

Just like other industries, technology is leaving significant footprints in the insurance sector too. Innovations and digital interactions are modernizing the industry and refining its ways of operation for good.

Traffic-FEATURE-IMAGE

MOBILE APPS MAKING DRIVING SMARTER!

New digital interventions appear to change driving habits. Mobile-based telematics that measures driving behaviours is now considered to be the future of safer roads.

predicitve-image

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.

Insurance-Marketing-Automation

AUTOMATION IN INSURANCE – A MULTI-BILLION OPPORTUNITY

The concept of insurance has been there for ages, yet the business — collecting premiums, assessing risk and paying claims hasn’t changed much. Recently, the industry has embarked on a radical transformation, impelled by a series of digital innovations.

AI_1170x565

AI IS READY TO STREAMLINE THE INSURANCE PROCESS!

The insurance sector depends on loads of data — structured and unstructured, collected from multiple sources including social network, websites, surveys, live chats, third-party sources, customer’s existing insurance policies, and agents.