Top-10 Trends in Property & Casualty Insurance: 2018

Publish date:

Emerging technologies are transforming every aspect of the insurance business. Property and casualty insurers are adapting InsurTech capabilities to be more customer-centric, to optimise costs, and to improve operational efficiency. Transformational moves by P&C insurers include the use of connected devices to mitigate risk, exploring new business models, value chain process automation across using Artificial […]

Emerging technologies are transforming every aspect of the insurance business. Property and casualty insurers are adapting InsurTech capabilities to be more customer-centric, to optimise costs, and to improve operational efficiency. Transformational moves by P&C insurers include the use of connected devices to mitigate risk, exploring new business models, value chain process automation across using Artificial Intelligence (AI) and Robotic Process Automation (RPA), and blockchain (distributed ledger) technology. They are also leveraging drones for efficient property assessment, Application Programming Interfaces (APIs) for seamlessly integrating with other stakeholders, and advanced analytics to provide personalised offerings and improve underwriting operations. Most of the Insurers prefer to collaborate with InsurTech firms for inculcating InsurTech capabilities and for quick deployment and efficient maintenance of the new systems, they are focusing on a cloud-native approach.

Infographic

 

Property and Casuality Insurance...

File size: 746.30 KB File type: PDF

Related Resources

Capgemini a Leader, says Forrester’s Global Wave Report

Capgemini has been positioned as a leader among the nine most significant vendors evaluated...

Capgemini named as an industry leader in Zinnov Zones 2019

In the recently released report, ‘Zinnov Zones for ER&D Services 2019’, Zinnov has named...

Annual Report 2018

The Annual Report outlines Capgemini’s primary activities and the major events from the...

cookies.

By continuing to navigate on this website, you accept the use of cookies.

For more information and to change the setting of cookies on your computer, please read our Privacy Policy.

Close

Close cookie information