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Oct 11, 2023 · Insurance Processes: Touchless, Customer-Centric, And Empathetic. The insurance industry and technology leaders must invest wisely to increase efficiencies and improve customer...
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- Expansion & Challenges
This article is about the 2023 insurance industry outlook and how carriers should respond to emerging challenges such as rising inflation, interest rates, loss costs, recession, climate change etc. The article highlights key findings from Deloitte's research on the insurance industry and suggests that carriers should focus on customer-centricity wh...
The insurance industry should build upon the momentum they’ve achieved to maintain an ongoing culture of innovation while making customer-centricity the focal point. Deloitte's research suggests that carriers should start shifting their focus from basic operational transformation to fully realizing the value and benefits of infrastructure and techn...
Property-casualty price hikes were among drivers pumping up premium volume but inflation is driving loss costs even higher undermining underwriting profitability; reinvention revolution in small business insurance market points toward room for growth; pandemic surge in premium growth appears to be waning due to obstacles like inflation pressure & f...
To facilitate portfolio expansion, insurers are developing partnerships with other providers as well as third-party vendors; forced virtualization during pandemic has fueled changes in employee expectations which may cause struggle for carriers unless novel changes implemented; many carriers benefiting from technology transformation driven by Insur...
Mar 14, 2024 · The insurance industry is undergoing a transformative journey driven by digital innovation, regulatory scrutiny, and enhanced consumer expectations. Rob Benson assesses the key themes, trends, and challenges in 2024.
- rob.m.benson@uk.gt.com
- Partner, Business Risk Services
Aug 20, 2024 · Looking for the best car insurance in the UK? Read our car insurance reviews and choose the Which? Recommended Provider or Best Buy that offers the right car insurance policy for you.
Five trends affecting the future of insurance. An ambitious agenda must necessarily start with a thorough understanding of the forces that will likely shape insurers’ growth trajectory—over the next five years and beyond. Adaptive ways to reimagine your business.
Oct 15, 2024 · The main advantage of travel insurance for the UK is cover if you need to cancel your trip (such as because of illness) or lose baggage. In general, travel insurance only covers paid-for accommodation, sometimes with a minimum duration. So stays with friends and family wouldn't be covered.
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Generally speaking, health insurance is designed to pay for private treatment of medical conditions that respond quickly to treatment (usually called 'acute' conditions), as well as elective surgery and medical tests. This guide explains exactly what you need to know about private health insurance, from how it works to the best providers.