How to Become a Digital Insurer in an Evolving P&C Claims World
Times are ever changing. In today’s digital age, we need to reimagine claims with enhanced capabilities for insurers and their customers alike. Let’s take a look into the key points that you need to know about Property and Casualty (P&C) claims, capabilities, and content services solutions in meeting today’s digital standards.
Core Demands of Today
The demands in the modern claims ecosystem are evolving. Today, they include:
- the delivery method of functional capabilities
- the speed at which they must be accomplished
- the networking efficiency of parties involved
The stakes of being up to date on industry digital standards are high. Insurers who are successful in this pursuit could gain
- 65% cost reduction
- 90% reduction in turnaround time on key insurance processes
- 20% increase in conversion rates.