What function will insurance coverage play sooner or later? How can insurers work with clients and parallel industries to create tangible worth and make a constructive influence on our planet? These are among the questions answered within the Qorus-Accenture Innovation in Insurance Trends Report, which is out now. I consider that this 12 months’s developments present how insurers and their companions are reinventing themselves to assist the evolving wants of their clients, intermediaries and workers.
The report gathers wealthy and various information from the a whole lot of submissions obtained by the Qorus-Accenture Innovation in Insurance Awards, an annual awards program that celebrates the wide selection of improvements shaping the way forward for the business, from good, collaborative ecosystems to forcing makes use of of AI and extra. From vaccination incentive applications to distant claims evaluation options and AI-enabled well being checks, this 12 months’s awards confirmed clear developments in insurance coverage innovation and illustrated how innovation continues to mature post-pandemic. There is little question that the precept of offering related insurance coverage services to clients has advanced into one thing a lot wider, extra integrative and extra human. It is an thrilling, constructive time to be within the insurance coverage business.
The recently-released 2022 report tells a compelling story of innovation within the business, supported by a variety of sensible examples. Download the report back to not solely see how innovation in insurance coverage is being manifested in several markets, however to listen to insurers inform their innovation story and motivation in their very own phrases.
Qorus-Accenture Innovation in Insurance Trends 2022: Our report highlights the important thing insurance coverage innovation developments which might be shaping the business.
These are the important thing developments which might be mentioned in depth within the report.
- Trend 1: Authentic omnichannel
Engaging buyer expertise, wherever and all over the place
- Trend 2: Embedded ecosystems
Complementary ecosystems for deeper worth
- Trend 3: Health and wellbeing convergence
Making clients’ lives higher and proactively lowering danger
- Trend 4: Sustainable insurance coverage
Positively contributing to communities and the planet
- Trend 5: AI and Tech differentiation
Intelligent know-how that units insurers aside
- Trend 6: Workforce rearchitected
The individuals powering the reimagined insurance coverage panorama
It is thrilling to see how these developments are influencing behaviors and contributing to safer, greener and extra inclusive business practices, enabling insurers’ constructive influence on society.
The Qorus-Accenture Innovation in Insurance Awards represent a significant alternative to share your organization’s excellence in insurance coverage innovation. Enter the 2023 awards.
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