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According to Capgemini's World Property and Casualty Insurance Report 2024, while 83% of insurance executives believe predictive models are critical for underwriting’s future, only 27% say their firm has these advanced capabilities. At the same time, 53% of policyholders express concern about the amount of personal information collected by insurers, whereas 63% of policyholders say they would be willing to share more data in exchange for transparency, discounts, and reassurance that their information is secure. This sentiment represents a chance to drive risk mitigation and enhance insurability while building engagement, trust, and better retention. For a deeper dive into these insights and more, download the full report today: https://bit.ly/49z2Pia #PropertyandCasualtyInsurance #Underwriting #WPCIR24

According to Capgemini's World Property and Casualty Insurance Report 2024, while 83% of insurance executives believe predictive models are critical for underwriting’s future, only 27% say their firm has these advanced capabilities. At the same time, 53% of policyholders express concern about the amount of personal information collected by insurers, whereas 63% of policyholders say they would be willing to share more data in exchange for transparency, discounts, and reassurance that their information is secure. This sentiment represents a chance to drive risk mitigation and enhance insurability while building engagement, trust, and better retention. For a deeper dive into these insights and more, download the full report today: https://bit.ly/49z2Pia #PropertyandCasualtyInsurance #Underwriting #WPCIR24

According to Capgemini's World Property and Casualty Insurance Report 2024, while 83% of insurance executives believe predictive models are critical for underwriting’s future, only 27% say their firm has these advanced capabilities. At the same time, 53% of policyholders express concern about the amount of personal information collected by insurers, whereas 63% of policyholders say they would be willing to share more data in exchange for transparency, discounts, and reassurance that their information is secure. This sentiment represents a chance to drive risk mitigation and enhance insurability while building engagement, trust, and better retention. For a deeper dive into these insights and more, download the full report today: https://bit.ly/49z2Pia #PropertyandCasualtyInsurance #Underwriting #WPCIR24

According to Capgemini's World Property and Casualty Insurance Report 2024, while 83% of insurance executives believe predictive models are critical for underwriting’s future, only 27% say their firm has these advanced capabilities. At the same time, 53% of policyholders express concern about the amount of personal information collected by insurers, whereas 63% of policyholders say they would be willing to share more data in exchange for transparency, discounts, and reassurance that their information is secure. This sentiment represents a chance to drive risk mitigation and enhance insurability while building engagement, trust, and better retention. For a deeper dive into these insights and more, download the full report today: https://bit.ly/49z2Pia #PropertyandCasualtyInsurance #Underwriting #WPCIR24

According to Capgemini's World Property and Casualty Insurance Report 2024, while 83% of insurance executives believe predictive models are critical for underwriting’s future, only 27% say their firm has these advanced capabilities. At the same time, 53% of policyholders express concern about the amount of personal information collected by insurers, whereas 63% of policyholders say they would be willing to share more data in exchange for transparency, discounts, and reassurance that their information is secure. This sentiment represents a chance to drive risk mitigation and enhance insurability while building engagement, trust, and better retention. For a deeper dive into these insights and more, download the full report today: https://bit.ly/49z2Pia #PropertyandCasualtyInsurance #Underwriting #WPCIR24

In an age where risks metamorphize and customer expectations soar, the traditional #underwriting methods of the property and casualty insurance field grapple with formerly unseen challenges. Reinventing the way we operate is paramount in fortifying the bond between individuals and enterprises looking for coverage against risks from their insurer. With the aid of concrete instances, Capgemini's World Property & Casualty Insurance Report 2024 presents a hands-on Intelligent Underwriting Playbook, making a case for why underwriting evolution is not a matter of choice but utmost necessity. In our quest for this insight, we have engaged with underwriters, policyholders, and stewards of insurance from every corner of the world, discovering an undisputed reality: a wealth of underwriting potential still remains uncharted in the industry. The hour to revolutionize has struck, with pioneers spearheading this brave journey. Are you prepared to welcome the underwriting of tomorrow? Delve into the wisdom and tactics of these trailblazers with us 👉  https://lnkd.in/eMNeM5Ck  #WPCIR24 #PropertyandCasualtyInsurance

In an age where risks metamorphize and customer expectations soar, the traditional #underwriting methods of the property and casualty insurance field grapple with formerly unseen challenges. Reinventing the way we operate is paramount in fortifying the bond between individuals and enterprises looking for coverage against risks from their insurer. With the aid of concrete instances, Capgemini's World Property & Casualty Insurance Report 2024 presents a hands-on Intelligent Underwriting Playbook, making a case for why underwriting evolution is not a matter of choice but utmost necessity. In our quest for this insight, we have engaged with underwriters, policyholders, and stewards of insurance from every corner of the world, discovering an undisputed reality: a wealth of underwriting potential still remains uncharted in the industry. The hour to revolutionize has struck, with pioneers spearheading this brave journey. Are you prepared to welcome the underwriting of tomorrow? Delve into the wisdom and tactics of these trailblazers with us 👉  https://lnkd.in/etrcTbPp  #WPCIR24 #PropertyandCasualtyInsurance

In a world of evolving risks and escalating customer needs, traditional #underwriting methods in the property and casualty insurance industry are facing unprecedented challenges. Drawing on real-world examples, Capgemini's World Property & Casualty Insurance Report 2024 showcases a practical Intelligent Underwriting Playbook to explore why underwriting transformation is no longer an option but a necessity. We've interviewed underwriters, policyholders, and insurance leaders worldwide, revealing a stark truth: underwriting potential lies untapped across the sector. The time for transformation is now. Are you ready to embrace the future of underwriting? Dive into the insights and strategies of trailblazers with us. https://bit.ly/49z2Pia   #PropertyandCasualtyInsurance #WPCIR24

Evolutionary risks and ever-growing customer demands pose momentous hurdles to the tried-and-true strategies of #underwriting in the property and casualty insurance sector. Modernizing and transforming traditional methods is now an indispensable step in restoring faith between carriers and those seeking to fortify against risks. With an array of realistic cases on its side, Capgemini’s World Property & Casualty Insurance Report 2024 brings to light an intelligible Underwriting Playbook. The aim is not just to demonstrate how crucial underwriting metamorphosis has become, but to make it understandable as a necessity, not an option. Our conversations with underwriters, insurance figureheads, and policyholders from all corners of the globe uncover a profound reality: the property and casualty insurance industry is yet to exploit the full potential of underwriting. The hour for transformation has come, and pioneers are paving the way. Ready to seize the future of underwriting? Unearth the wisdom and tactics employed by these pioneers 👉  https://lnkd.in/eEzwN2jv Enter the future with #WPCIR24. #PropertyandCasualtyInsurance

Evolutionary risks and ever-growing customer demands pose momentous hurdles to the tried-and-true strategies of #underwriting in the property and casualty insurance sector. Modernizing and transforming traditional methods is now an indispensable step in restoring faith between carriers and those seeking to fortify against risks. With an array of realistic cases on its side, Capgemini’s World Property & Casualty Insurance Report 2024 brings to light an intelligible Underwriting Playbook. The aim is not just to demonstrate how crucial underwriting metamorphosis has become, but to make it understandable as a necessity, not an option. Our conversations with underwriters, insurance figureheads, and policyholders from all corners of the globe uncover a profound reality: the property and casualty insurance industry is yet to exploit the full potential of underwriting. The hour for transformation has come, and pioneers are paving the way. Ready to seize the future of underwriting? Unearth the wisdom and tactics employed by these pioneers 👉  https://lnkd.in/eAtcpsg7 Enter the future with #WPCIR24. #PropertyandCasualtyInsurance