Skip to Content

Property and casualty insurance

Affordability, insurability, and evolving customer demands are making it challenging for property and casualty insurers to maintain growth. Here’s how you can tune your business models to this changing environment.

The global property and casualty (P&C) insurance market is in a state of flux. The increased prevalence of catastrophes, social inflation, geopolitical uncertainty, and macroeconomic volatility are challenging insurers from all angles.

This evolving risk landscape is presenting a new set of challenges – and opportunities – for carriers.
Fuel sustainable growth by harnessing the power of data, technology, and automation to make insurance:

  • More accessible: Serve customers in the moments that matter with prevention-led innovative offerings
  • More profitable: Optimize costs through scaled automation
  • More sustainable: Build ESG-driven risk models and address secondary perils

    World property and casualty insurance report 2024

    Become an underwriting trailblazer: Chart your transformation across a shifting risk landscape

    Insurance top trends 2024

    Explore strategic insights and tactical use cases to help ensure profitable growth and future readiness across both P&C and life insurance domains.

    World Cloud Report 2023 – Financial Services

    Is your cloud journey taking you where you need to go? Create business value in an innovation-powered future.

      How can we help

      Enhance your potential by shaping a renewable, future-proof enterprise  and unlocking agility to fuel rapid product innovation.

      Harness the power of a connected, composable platform ecosystem that elevates your existing core investments to the next level.

      Digital Core for Insurance helps you:

      • Unlock the data-driven insights that help your – and your customers’ – enterprises meet ESG goals and craft sustainable futures.
      • Deliver more personalized, timely, and relevant omnichannel services.
      • Optimize your operations for agility, efficiency and speed.
      Create a seamless and empathetic digital claims experience that builds a lifetime of loyalty.

      Customer churn is often driven by poor claims experiences. Today’s insurers are burdened with traditional, manual claims processes that are inundated with delays, poor quality decisioning, and a lack of transparency.

      Touchless Claims uses data, AI, and automation to help you create more efficient claims experiences, better suited to your customers’ individual needs. With our partner ecosystem, we’re able to support you end-to-end in your Future of Claims transformation.
      Increase the retention of the ~15% of fickle customers by streamlining and simplifying each stage of your claims value chain, eliminating friction, and reducing claims cycle times.

      Enhance reach and make purchasing hyper-convenient by embedding the right insurance products and services along the customer journey.

      Traditional channels are no longer enough to grow business. Adjacent and cross-industry opportunities must be exploited to drive growth and build market share.

      There’s a new category of opportunity out there for insurers to expand distribution ecosystems and access new customer segments ­– if you have the right tools. Access it by embedding insurance at points of sale in other industries.
      We help carriers identify these opportunities and create new business models to seamlessly embed their products within the purchase journey of a customer.
      Open Insurance is our cloud-native platform that accelerates the insurer’s transition towards adopting embedded business models.

      To keep pace with the rapid evolution of underwriting in property and casualty insurance, underwriters require efficient tools.

      Our innovative underwriting solution helps you tap into decision-support insights and advanced analytics from diverse data sources, improving risk assessment and policy accuracy.

      By reducing manual tasks, this data-driven approach enables insurers to concentrate on building relationships and boosting sales.
      Moreover, our platform cultivates seamless collaboration between the underwriters and channel partners, leading to higher conversion rates and increased premium collections.
      Harnessing the power of AI and automation technology, we deliver tools that not only enhance efficiency but also improve accuracy and pricing in underwriting. 

      Related solutions

        Smart underwriting

        To keep pace with the rapid evolution of underwriting in property and casualty insurance, underwriters require efficient tools.

        Digital core for insurance

        Are you ready to embrace the future of insurance? To get there, you’ll need a connected, digital core approach.

        Data-powered financial services

        Few organizations take full advantage of their data. At Capgemini, our goal is to help our clients become data masters.

        Cloud for financial services

        Unlock the full potential of your cloud investments

        Sustainability for financial services

        Sustainability presents real opportunity for industry growth and leadership: Accelerate ESG action for better business outcomes.

          Client stories

          Meet our experts

          Cecilie Vatn

          Director, Banking & Insurance, Digital transformation & Solutions, Customer experience
          Cecilie has 14 years of experience in the banking and Insurance sector where she has worked in the intersection between business and technology. Her key competences can be summarized by Insurance, customer experiance, digital optimization, governance, process optimization and change management.

          Liv Fiksdahl

          Vice President, Banking & Insurance
          Liv has more then 30 years of experience from the Banking industry. She has had executive roles, and has experience from the whole valuechain within the sector. As an expert she cover both, retail, corporate and the payments area. She has a strong track record when it comes to doing IT turnarounds, setting up new organisations and running large tranformation programs.

          Marianne Moe-Helgesen

          Director, Banking & Insurance, Digital transfomation, agile
          Marianne has more than 15 years of experience from the insurance industry. Passionate about digital business transformation and agile ways of working. Experienced leader with strong technical background and understanding.

            Recognition

            Leader in Everest Group’s Duck Creek Services PEAK Matrix® Assessment 2024

            Recognized as a Leader in Everest Group's Duck Creek Services PEAK Matrix® Assessment 2024, testifying our client centricity with deep focus on technology.

              Awarded migration acceleration specialization by Guidewire

              First partner to be recognized reflecting our commitment to helping clients seamlessly upgrade to Guidewire Cloud.

                Everest group cloud services in insurance peak matrix® report in 2023

                This report presents an assessment of 35 IT service providers for their cloud services focusing on insurance industry. The report highlights some of the key strengths of Capgemini.

                  A ‘Leader of the year’ in banking and financial services, as well as in insurance

                  Capgemini has been named a ‘Banking and Financial Services Leader of the Year’ and an ‘Insurance IT Services Leader of the Year’ by Everest Group in the IT Service Provider of the Year – 2023 report.

                    Join the conversation on LinkedIn

                    Connect with our experts and read the latest industry insights on our dedicated LinkedIn page