Transforming Insurance

Transforming Insurance: Securing competitive advantage

The insurance industry is at an inflexion point. The digital revolution is transforming the way insurers, reinsurers and brokers do business.

The insurance industry is at an inflexion point. The digital revolution is transforming...

The insurance industry is at an inflexion point. The digital revolution is transforming the way insurers, reinsurers and brokers do business, impacting the entire value chain. Rapidly emerging technologies are crucial enablers and must be applied with rigor and clarity of vision. Organizations and those who lead them must be at the ready – as the new environment requires us to be focused, fast and flexible to take advantage of what is ahead.

In Transforming Insurance: Securing competitive advantage, we share highlights of our recent global research and explore the ways in which technology can help players in insurance markets transform their capacity to identify trends, plan, collaborate and rapidly respond, adapt and thrive. Based on our research and interviews with insurance leaders globally, the report reveals five inter-related issues insurers and intermediaries are facing, how to:

  1. Operate in an increasingly digital world
  2. Make the best use of the vast amounts data now available
  3. Tame the challenge of legacy systems
  4. Keep the business secure given increased cyber threats
  5. Attract and retain the people needed to drive the change this implies

 

Connect with us

KPMG's new digital platform

KPMG's new digital platform

The stakes are rising: operate in an increasing digital world.

Digital technology is transforming the way insurers and intermediaries are conducting business today, and building strategies for future growth.

 
Read more

Driving value from Data & Analytics initiatives

Constructing a data innovation approach, insurers can go beyond predicting future outcomes to drive valuable action.

 
Read more

Organization and culture play a pivotal role

Deeply engrained company cultures may need to change to create environment of innovation.

 
Read more

Preparing for an era of cyber insecurity

The rise of digital technology has insurers and regulators increasingly concerned...

 
Read more

Taming the challenge of legacy systems

Addressing deeply embedded technology challenges is critical for insurers ...

 
Read more

Secure the competitive advantage

To gain full value of technological advances, insurers must have a focused strategy, actionable plan and rigorous execution.

 
Read more

The Valued Insurer Leading the pursuit to sustainable growth

Insurers who put customers at the heart of their business are well..

 
Read more

The Insurance Innovation Imperative

Survey data reveals an insurance innovation imperative.

 
Read more

Helping insurers compete in the age of disruption

In this installment of the Trusted Analytics series, KPMG’s Gary Richardson and...

 
Read more

Insurance

Our insurance practice is led by senior partners with extensive industry experience.

 
Read more