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How health ecosystems drive insurance customers for life

WebCloud and connected systems, particularly in health and wellness, are the value-drivers for L&A carriers as well as the forces driving the shift from payment to …

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URL: https://insuranceblog.accenture.com/how-health-ecosystems-drive-insurance-customers-for-life

Digital life insurance drives new opportunity

WebThe technology exists today to make the connection. Accenture is helping carriers adopt a digital insurance platform that seamlessly connects with a variety of …

Category:  Health Go Health

5 predictions for the insurance industry in 2024

WebRevenue growth for P&C carriers is expected to slow to 2.6% on average for 2024 and 2025—down from 3.4% in 2023 (Swiss Re Sigma). On the flip side, the Life …

Category:  Health Go Health

Explore the insurance trends for 2022 and beyond

WebThese are the key trends that are discussed in depth in the report. Trend 1: Authentic omnichannel. Engaging customer experience, anywhere and everywhere. …

Category:  Health Go Health

Insurers: promote wellness to reduce costs

WebInsurance companies will find natural synergies with companies in the wellness ecosystem. Those that help customers remain healthy and independent can …

Category:  Health Go Health

Big benefits for life insurers that promote customer wellness

WebConnected wellness gives life insurers the opportunity to foster the wellbeing of their customers. For many years life insurers had to focus on the likelihood of death or …

Category:  Health Go Health

How to use AI in the insurance value chain: claims management

WebAI-related technologies can enable a higher quality in claims assessment, management and administration. It also supports improving the predictability of reserves and fraud. Smart …

Category:  Health Go Health

Connected wellness offers life insurers big rewards

WebConnected wellness, together with similar offerings such as connected health and some forms of telemedicine, offer carriers a great opportunity to use digital technology to …

Category:  Medicine Go Health

How Data Underpins Behavioural Insurance

WebBehavioural insurance rests on the analysis of data – by the individual, insurers and partners in broader health ecosystems. For those accessing healthcare …

Category:  Health Go Health

Life insurance ecosystems ignite innovation

WebIn fact, ecosystem collaboration is one of six insurance innovation trends our Generative AI model uncovered from this year’s entries in the Qorus-Accenture …

Category:  Health Go Health

Insurance Revenue Landscape 2025

WebThe insurance industry can expect to grow from $6.1 trillion in gross written premium (GWP) at the start of 2020 to $7.5 trillion by the end of 2025. That represents a six-year …

Category:  Health Go Health

Improving the Wellness Value Chain

WebThis ability strengthens the wellness chain from end to end by: Optimizing care management; Improving clinical health and risk indicators; Improving the quality of …

Category:  Health Go Health

The top trends defining insurance revenue

WebThe European insurance growth forecast. The top trends defining insurance revenue. Remaining resilient in a changed insurance revenue landscape. The insurance …

Category:  Health Go Health

10 trends that will shape insurance in 2021

Web6 Jan 2021. 2021 will surely deliver plenty of surprises but 10 trends—including ‘growth of the giants’, a race to green, the switch to usage-based cover, and Bitcoin as a new asset …

Category:  Health Go Health

Connected, innovative customer experiences

WebThis insurance shift towards wellbeing is evident in our Connected Ecosystems & Marketplaces 2022 category, which celebrates innovative practices that …

Category:  Health Go Health

Embedded insurance: a brief overview

WebWe define embedded insurance as any insurance that can be purchased within the commercial transaction of another product or service. Embedded insurance …

Category:  Health Go Health

COVID-19 spurs insurers’ healthcare innovation

WebThis year’s Efma-Accenture Innovation in Insurance Awards showed healthcare to be a key sector for insurers looking to strengthen their businesses after the …

Category:  Health Go Health

4 areas of innovation with billions in revenue opportunities

Web1. Health/wellness and life products and services. With a revenue opportunity for insurers worth $120 billion, innovations that focus on smart health products, products …

Category:  Health Go Health