With swirling changes across the industry, KPMG surveyed 134 insurance CEOs, to gather their insights and perspectives on the industry and economic landscapes over the next 3 years
Insurance customers are open to new services that mitigate risks and believe that insurers should be tackling climate change proactively
The insurance industry will continue to follow in the tech world’s steps by rapidly innovating and shifting the way it does business in order to better serve
Successful cloud migrations depend on knowing where the value for insurance lies in cloud and on business and IT working together
The future shown to us in old movies was unrecognizable to people of the time. Flying cars dotted the sky, robot maids cleaned up houses, space travel was easy
As 5G towers begin to conspicuously populate our communities, we ask what the technology will mean for the insurance industry
Insurance fraud costs the UK an average of £1.2bn annually. In the last year, fraudulent home insurance claims increased by 45% and according to the 2022 Insurance Fraud
Costs for everything from food to healthcare to insurance premiums have increased in the past few years – especially after the 2020 lockdown
Emerging data analytics technologies centred on machine learning bring order and purpose to this unstructured data so that it can be more effectively
Changing technology affects everything from what we eat to how we pay for our meals. Have you ever considered how it is changing the insurance sector?
Rapid advances in technology, the continuing talent shortage and rising customer expectations for experiences of all types have disrupted the insurance industry
Delivering personalised experiences and meeting consumer demands has been a key priority for insurers and insurtechs
Most successful insurance businesses and their distribution partners will be those who listen to their customers
Significant changes are ahead in AV and EV technology, and the Global car insurance market will need to adjust to the resulting disruptions
Autonomous mobility has the potential to dramatically transform the automotive insurance market, from underwriting to claims and beyond
The approximately $260 billion US auto insurance market is on notice. The conventional US insurance market, currently dominated by internal-combustion-engine (ICE) vehicles
Pressures around data and technology, and increasingly complex regulation are forcing insurers to transform their tax and finance operations
After the sudden shift to remote work, cloud adoption is still in progress and, as this report proves, is expected to continue over the next 12-18 months
Using low-code configuration tools, insurers can establish a set of base products which can be used as the foundation for product variations in order to tailor coverage
The total cost of insurance fraud is estimated to be more than $40 bn per year. That means Insurance Fraud costs the average family between $400 and $700 per year
The digitisation of claims management is a fundamental aspect of a modern and robust insurance operating model – but many insurers are still limited to using legacy systems
As insurance carriers modernize their core platforms and other technical underpinnings, they would be remiss to ignore how industries like banking have approached change
Self-driving vehicles are fast approaching commercialisation in markets across the world. By 2035, 40% of new cars in the UK could have self-driving capabilities
Digital Technology and Digitisation the consideration of trends and the desire for greater flexibility in product development and making insurance information available to clients
Successful scaling in insurance requires a balance between growth and stability. Companies need to expand their technological infrastructure
