Digital Transformation in the Insurance Sector

  • Insurance
    companies need to
    innovate to survive:
  • 83%

    See innovation as key to success

  • 48%

    Experience difficulties due
    to more innovative
    competitors

  • 74%

    Lack skills
    to drive innovation

Digital transformation helps to stay on top of technological turmoil
  • HOT TRENDS

    of digitalization
    in the Insurance sector 2019-2020

  • New Models, Personalized
    Products via sentiment analysis,
    social media, 360° view of
    customer
    , better digital
    customer surveys, telematics

    insurance_1
  • Advanced Analytics
    & Proactiveness via Internet of
    Things,
    mobile-enabled
    InsurTech apps, wearables,
    drones and imaging technology

    insurance_2
  • Mainstreaming Blockchain
    secure data management.
    identity management, fraud
    management, smart contractors

    insurance_3
  • AI & Automation
    for Faster Claims via RPA. Data
    automation, behavioral
    economics, virtual assistants

    insurance_4
  • InsurTech Partnerships with
    software providers

    insurance_5