Disruptive technologies to ensure seamless property and casualty insurance

The realm of property and casualty insurance is a continuously evolving and dynamic landscape. Amidst challenges like rising claims costs, regulatory demands, and competition from innovative market players, embracing disruptive technologies such as IoT, telematics, blockchain, AI, and robotic process automation becomes pivotal for enhancing customer experiences and staying competitive. Discover how straight-through-processing (STP) is essential for cost alignment and improved service capabilities, while innovative products like usage-based and on-demand insurance redefine traditional models in this evolving industry.