ERM-719-19: Top 10 Trends in Property and Casualty Insurance

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Reading Source: https://www.capgemini.com/wp-content/uploads/2017/12/property-and-casuality-insurance-trends_2018.pdf

Topics Covered in this Reading:

  • Connected Devices Help Insurers to Proactively Mitigate Risk and Provide Value-Added Services
  • New Business Models are Explored
  • Increase in Automation of Processes Leveraging RPA and AI
  • Drones Take on an Important Role for Insurance Firms
  • Autonomous Vehicles are Posed to Disrupt Auto Insurance Business Model
  • Blockchain has the Potential to be a Game Changer
  • Traditional P&C Insurers Realize API’s Importance
  • More P&C Insurers Embrace Advanced Analytics
  • Collaboration with InsurTech Firms Heats Up
  • P&C Insurers Adopt a Cloud-Native Approach