6 Insurance Trends For 2014

TRENDS 2014 THE INSURANCE COLLECTION READY TO TRANSFORM In 2014, the insurance industry will shed its conservative skin and spread its wings to embrace new operating models. The catalyst for this transformation will be new technology solutions. Ones that help insurers work smarter, understand consumers better, and enter emerging markets faster. IMPROVE CONSUMER PROTECTION UNDERSTAND, EDUCATE AND REWARD PROMOTE SELF-CARE Insurers will look to provide consumers with increased financial security and improved service experience Leverage technology to understand behavior, educate consumers, and Health insurers will look to minimize administrative costs and increase spend on reward their good behavior consumer care 6. ADAPT BUSINESS MODELS MANAGE GROWING RISK ENTER NEW MARKETS With social networks With low interest rates and Insurers will apply innovative risk transfer mechanisms to influencing choices, technology is transforming the consumer relationship muted growth in developed markets, insurers will expand to emerging markets minimize exposure from catastrophic losses READ MORE AT Infosys.com/InsuranceTrends #InsuranceTrends Infosys I Pomorrow's Enterprise Building