New risks are emerging, and the opportunities to serve customers in new ways are there for insurers bold enough and agile enough to rethink their business for this new era.
A few of the potential uses for virtual reality in the P&C insurance industry include adjuster training, underwriter education, injury rehab and loss control.
There are a wide range of new services that insurers might offer to both personal and commercial lines customers based on telematics data, like those already offered in other countries.
There are a wide range of new services that insurers might offer to both personal and commercial lines customers based on telematics data, like those already offered in other countries.