Digital transformation has come to the insurance industry, bringing huge business opportunities. Most insurance players are still exploring the digital landscape, so the potential is mostly untapped.
“Roads? Where we’re going, we don’t need roads!” This is how Dr. Emmett Brown, alias “Doc”, one of the protagonists of the famous movie “Back to the Future”, imagined the year 2015: a world where the innovation and the technology rule and the digital has conquered each part of the everyday lives.
For the past hundred years, innovation within the automotive sector has created safer, cleaner, and more affordable vehicles, but progress has been incremental. The industry now appears close to substantial change, engendered by autonomous, or “self-driving,” vehicle technologies.
As a business man, your time is best spent running and growing your business and you usually don’t like to get bogged down by routine tasks and growing to-do lists.
Elena has a Health insurance policy with the RGI insurance company. RGI has obtained some information on her state of health and, against a discount on her premium, has offered her a smartwatch with an app that can record and send her vital parameters to the insurer.
The demographic analysis predicts the world’s urban population will double by 2050, the equivalent of seven New York Cities added to the planet every single year.
Digital is a major force for disruption in the Insurance Industry and Insurers have now new tools to increase the quality of customer interactions and strengthen customer relationships, in order to achive a greater operational efficiency and to ensure a better customer experience.
Friendsurance is an insurance intermediary and from its launch in 2010 Friendsurance is now sustaining a monthly customer growth figure of 20%.
RGI Group will attend tomorrow, April 28th, the Italy Insurance Forum event, held by Istituto Internazionale di Ricerca, with two speeches in Digital and Claims sessions.
Recently, the word ‘Digital’ has gained so much outburst that every analyst has been writing about it, every IT solution provider has been tying their products around it and every Insurer has started embarking on a ‘Digital Strategy’ journey.