Financial Services & Insurance Research News

Digital innovation in insurance market forecast to 2022 scrutinized in new research

An increasing number of insurers are investing in building digital infrastructure and striving for growth by developing new business models using digital platforms. However, insurers are yet to fully capitalize upon the transformative power of digital technology, and many are still struggling to develop digital strategies that align with their business objectives.

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The insurance industry recognizes the need to overhaul traditional business models, to capitalize on the advantages of digital technology and respond to the challenges of digital disruption.

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The report discusses how insurers in different markets use digital technology in different business functions, including product development, sales and marketing, underwriting, claims management and customer services.

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It also discusses market trends, opportunities and challenges faced by insurers in the successful implementation of digital strategy.

Scope

• The report provides detailed analysis of the insurance industry’s use of big data analytics and cloud computing in the insurance supply chain.

• It offers insights into the rising trend of social media, its adoption and impact in different functions in the insurance industry.

• It analyzes opportunities for insurers when using digital channels to create new products and services.

• It discusses emerging digital technology in the insurance industry, including the internet of things, telematics, and wearable technology.

Reasons to Access

• Understand present developments in terms of level of digital engagement in the insurance industry.

• Gain an understanding of digital experiences and changes in consumer behavior in the digital era.

• Gain insights into challenges for digital insurers, and an understanding of the insurance industry’s future through use of digital technology.

• Develop an insight into teh digital technology used by insurers to improve product development, marketing, operations, customer engagement and brand building to improve overall efficiency and profitability.

Download Sample Pages @ www.kminsights.com/request-sample-63450?utm_source=watech-sid&utm_medium=watech-sid

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