What position will insurance coverage play sooner or later? How can insurers work with prospects 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 imagine that this 12 months’s developments present how insurers and their companions are reinventing themselves to assist the evolving wants of their prospects, intermediaries and workers.
The report gathers wealthy and various knowledge from the a whole bunch of submissions obtained by the Qorus-Accenture Innovation in Insurance Awards, an annual awards program that celebrates the big selection of improvements shaping the way forward for the business, from sensible, 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 prospects 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 numerous 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 are shaping the business.
These are the important thing developments which are mentioned in depth within the report.
- Trend 1: Authentic omnichannel
Engaging buyer expertise, anyplace and in every single place
- Trend 2: Embedded ecosystems
Complementary ecosystems for deeper worth
- Trend 3: Health and wellbeing convergence
Making prospects’ lives higher and proactively decreasing threat
- Trend 4: Sustainable insurance coverage
Positively contributing to communities and the planet
- Trend 5: AI and Tech differentiation
Intelligent expertise 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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