PWCresearch report

Research Report on digital transformation of insurance industry From Mutual Fund Association & PWC

The following is the Research Report on digital transformation of insurance industry From Mutual Fund Association & PWC recommended by And this article belongs to the classification: PWC, research report.

All walks of life are promoting digital transformation, and the insurance industry is also actively building and using technology to consolidate its competitive advantage. Mobile Internet, artificial intelligence, blockchain, cloud computing, big data and other technologies are reshaping the insurance value chain. Product design, actuarial pricing, sales and claims settlement will become more convenient, more humanized and closer to life in the future. The sudden COVID-19 in 2020 accelerated the transformation of digitalization. Enterprises should actively transform and be in a favorable position in the increasingly fierce competition.

Recently, China Internet Finance Association and PwC jointly released the Research Report on digital transformation of insurance industry at the third China International Import Expo. The report was completed by the Internet Insurance Professional Committee of China Internet Finance Association and PwC insurance institutions. It lasted nearly a year. It investigated and collected the transformation highlights, pain points and concerns of more than 30 insurance institutions and technology companies. From the perspective of traditional insurance companies, Internet insurance companies, insurance intermediaries and insurance technology companies, it deeply analyzed the market competition of each participant The characteristics, opportunities and challenges of the market economy.

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