Innovation in Insurance

Innovation in Insurance

Client expectations have increased exponentially in recent years. Insurers and reinsurers are now being squeezed by tech-savvy and more nimble new entrants and capital markets solutions. To address these challenges, the industry must encourage a culture of experimentation and innovation while still mitigating financial risk.

Contact

Global Head of Insurance

KPMG in the UK

Contact

Related content

modern building

Like many financial institutions some in the insurance industry saw customer trust decline in the fallout from the financial crisis, notwithstanding their financial strength and the security they provide.

To remain relevant, innovation will need to become part of an insurers’ organizational DNA, a transformation that will impact the entire value chain.  To do this, we believe that the industry needs to tap the fresh value-creating ideas not only of their employees, but also partners, customers, suppliers, and other parties beyond their own boundaries.

KPMG International will release a global research report examining innovation in its broadest sense – to harness emerging technologies, to reach a whole new generation of clients, to respond to disruption from outside the sector, or as a means to improve efficiencies, reduce costs, and respond to changing client expectations and regulations.

If you would like to receive a copy of the final report, please contact us.

Insurance

Our insurance practice comprise multi-disciplinary teams, led by senior partners with extensive experience.

 
Read more

Transforming Insurance

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

 
Read more

Perspective: Trends driving insurance M&A in 2015

Insurance M&A is off to a fast start in 2015. See the trends driving this forward.

 
Read more

Leading Insights: Article series for Insurers

Articles offering unique insight and opinion on emerging customer and channel trends.

 
Read more

Connect with us

 

Request for proposal

 

Submit

KPMG's new digital platform

KPMG's new digital platform