Our insurance practice comprise multi-disciplinary teams, led by senior partners with extensive experience.
Our insurance practice is led by senior partners with extensive industry experience.
Today’s insurers face a wide range of complex challenges, from navigating financial market uncertainty and evolving consumer demands to outpacing digitally savvy new competitors. While these factors may add new risk, they also present opportunities for insurers, reinsurers, and brokers, to rethink strategy, redesign financial and capital models, revamp sales, service and support processes with technology, or explore new growth in emerging markets or through product innovation.
Intensified regulatory scrutiny and enhanced compliance and capital requirements through Own Risk and Solvency (ORSA), IFRS and Solvency ll regimes are at the forefront. Tax Morality and Transparency rate high on the agenda. Modernising technology and processes to derive value from the vast volume of data, securing the best talent from an ever shrinking pool, and driving efficiencies in front and back office operations will continue to challenge business models for several years to come.
KPMG’s multi-disciplinary insurance teams, led by senior partners with deep industry expertise and strong client relationships, emphasise collaboration and knowledge transfer to help ensure your organisation is empowered for the future.
Insurers need to overcome legacy systems and structural silos for operational efficiency.
Strong momentum in POCs and use case development to transform the insurance value chain.