Everest Group: Future-Proofing P&C Insurance Through Technology Adoption
The insurance industry is evolving rapidly, facing disruptions from natural disasters, regulatory changes, and shifting customer expectations. Our comprehensive whitepaper explores how leading Property and Casualty (P&C) insurance carriers are leveraging technology to navigate this challenging landscape and stay competitive.
In this whitepaper, you will discover:
- Advanced Automation, Analytics, AI, and ML Applications: Learn how these technologies are being applied across the insurance value chain to enhance efficiency and decision-making.
- Strategies for Overcoming Operational Challenges: Understand the measures insurers are implementing to address rising loss ratios, cost pressures, and the impact of natural catastrophes.
- Frameworks for Prioritizing Technology Use Cases: Gain insights into how carriers can strategically prioritize their technology investments to maximize return on investment.
We also examine the driving forces behind technology adoption, including heightened interest rates and the rise of digitally native insurers. By building in-house capabilities, partnering with insurtech firms, or utilizing outsourcing partners, P&C carriers are transforming their operations to meet evolving customer expectations.
Stay ahead in the competitive insurance market by understanding the current technology maturity of P&C carriers and the opportunities for differentiation.
