At KPMG we have been exploring what the future might look like as the industry embraces digital technologies and starts to harness the full value of the vast amounts of data now available to it.
Transforming Insurance: Securing competitive advantage, delivers a vivid picture of the global insurance landscape, as market players respond to the changes that are transforming all aspects of their business. Based on research and interviews with insurance leaders globally, the report reveals five inter-related issues insurers and intermediaries are facing, how to:
- Operate in an increasingly digital world
- Make the best use of the vast amounts data now available
- Tame the challenge of legacy systems
- Keep the business secure given increased cyber threats
- Attract and retain the people needed to drive the change this implies
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