Insurance Industry Market Research Reports by Researchica
American International Group (AIG) is a multi-line insurance group. It provides a range of general insurance, life insurance, and property and casualty insurance solutions; retirement products; and other financial services to individuals and businesses. It offers insurance products for general liability, property, workers’ compensation, commercial lines, marine, aerospace, term life, universal life, and cyber risk. The company also offers accident and health insurance, personal auto insurance, travel insurance, and individual and group retirement products. AIG operates in the Americas, Europe, Africa, the Middle East, and Asia Pacific.


This report provides insights into AIG's digital transformation strategies, accelerator programs, and innovation centers. It also gives an overview of its technology initiatives, covering partnerships and product launches, as well as insights on each technology initiative including technology theme, objective, and benefits. In addition, the report includes details of the company's estimated ICT budget.



Scope:

#. AIG's cloud strategy has helped it establish a scalable IT infrastructure. In 2017, AIG moved from on-premise systems to the SAP HANA business platform on Amazon Web Services.
#. The key technology themes under focus for AIG include AI, big data, blockchain, cybersecurity, the Internet of Things, machine learning, smart contracts, and virtual and augmented reality.
#. AIG leverages cybersecurity-focused insurance solutions to effectively evaluate insurance premiums for clients and minimize costs related to cybersecurity claims settlement.

Reasons to Buy

#. Learn about AIG's fintech operations, including investments, product launches, partnerships, and acquisitions.
#. Gain insight into its fintech strategies and innovation initiatives.
#. Discover which technology themes are under the group's focus.

Table of Contents

Overview
Digital Transformation Strategy
Accelerator Programs & Innovation Centers
Technology Focus
Technology Initiatives
Investments
Acquisitions
Partnership, Investment, & Acquisition Network Map
Estimated ICT Budget for 2020
Key Executives
Disclaimer

Resource: https://www.researchica.com/reports/aig-enterprise-tech-ecosystem-series

Insurance Industry Market Research Reports by Researchica

As digitization continues to shape customers’ attitudes and purchasing behaviors, insurers are being forced to rethink their distribution models and put a greater focus on the direct channel. For both non-life and life products, price and reputation are at the heart of the customer decision-making process. Established players have the largest market shares for direct sales, but new entrants have focused their efforts on the direct channel and have excelled at removing friction from the customer journey. This is helping them differentiate their brands. Most insurers continue to hold strong ties with intermediaries, but the prospect of improved margins will incentivize them to continue investing in the direct channel.


This report explores how the insurance industry has evolved from selling products almost solely via brokers and other intermediaries to more direct methods as consumers become increasingly connected. It highlights which business lines have been most commoditized, rendering them more suitable for direct and unadvised sales. It explores how insurers are changing their communication strategies in a bid to improve customer engagement and retention. The report also reveals which mediums and technologies have the potential to generate further opportunities to engage with customers and improve brand awareness.



Scope:

#. The direct channel is experiencing the fastest growth with both non-life and life products, although it is still more prominent for the former.
#. Direct sales are also better established within personal lines than commercial products, as consumers’ willingness to pay for financial advice dissipates and online media facilitates direct interaction.
#. As the direct channel grows, insurers are putting a greater focus on the user experience and overall customer journey. Insurers are increasingly present across different media, including social media and messaging apps.
Reasons to Buy

#. Examine the size of the direct channel across selected key countries.
#. Understand the key factors contributing to the rapid growth of the direct channel.
#. Learn what insurance companies are doing to successfully communicate and engage with customers
#. Improve the customer journey and brand loyalty by understanding what matters to consumers.
#. Discover which are the most selected providers in the direct channel by non-life and life product lines (UK only)

Table of Contents

Players
Thematic briefing
What’s the difference between the direct and indirect channels?
Enablers of the direct channel
What’s driving the direct channel?
Trends
Technology trends
Industry trends
Macroeconomic trends
Regulatory trends
Industry analysis
Competitive analysis
Timeline
Value chain
Product development
Marketing and distribution
Underwriting and risk profiling
Claims management
Customer service
Companies section
Public companies
Private companies
Glossary
Further reading
Appendix: Our thematic research methodology

Resource: https://www.researchica.com/reports/direct-to-customer-in-insurance---thematic-research

Insurance Industry Market Research Reports by Researchica

As digitization continues to shape customers’ attitudes and purchasing behaviors, insurers are being forced to rethink their distribution models and put a greater focus on the direct channel. For both non-life and life products, price and reputation are at the heart of the customer decision-making process. Established players have the largest market shares for direct sales, but new entrants have focused their efforts on the direct channel and have excelled at removing friction from the customer journey. This is helping them differentiate their brands. Most insurers continue to hold strong ties with intermediaries, but the prospect of improved margins will incentivize them to continue investing in the direct channel.

This report explores how the insurance industry has evolved from selling products almost solely via brokers and other intermediaries to more direct methods as consumers become increasingly connected. It highlights which business lines have been most commoditized, rendering them more suitable for direct and unadvised sales. It explores how insurers are changing their communication strategies in a bid to improve customer engagement and retention. The report also reveals which mediums and technologies have the potential to generate further opportunities to engage with customers and improve brand awareness.

Scope:

#. The direct channel is experiencing the fastest growth with both non-life and life products, although it is still more prominent for the former.
#. Direct sales are also better established within personal lines than commercial products, as consumers’ willingness to pay for financial advice dissipates and online media facilitates direct interaction.
#. As the direct channel grows, insurers are putting a greater focus on the user experience and overall customer journey. Insurers are increasingly present across different media, including social media and messaging apps.

Reasons to Buy

#. Examine the size of the direct channel across selected key countries.
#. Understand the key factors contributing to the rapid growth of the direct channel.
#. Learn what insurance companies are doing to successfully communicate and engage with customers
#. Improve the customer journey and brand loyalty by understanding what matters to consumers.
#. Discover which are the most selected providers in the direct channel by non-life and life product lines (UK only).

Table of Contents

Players
Thematic briefing
What’s the difference between the direct and indirect channels?
Enablers of the direct channel
What’s driving the direct channel?
Trends
Technology trends
Industry trends
Macroeconomic trends
Regulatory trends
Industry analysis
Competitive analysis
Timeline
Value chain
Product development
Marketing and distribution
Underwriting and risk profiling
Claims management
Customer service
Companies section
Public companies
Private companies
Glossary
Further reading
Appendix: Our thematic research methodology

Resource: https://www.researchica.com/reports/direct-to-customer-in-insurance---thematic-research

Insurance Industry Market Research Reports by Researchica

This report provides an in-depth analysis of the demographic trends that will shape the insurance industry over the next 30 years. It looks at various different demographic trends, insurance product penetration rates among different demographics, and highlights players in the industry that are addressing these trends.






Changes in demographics will fundamentally shift the types of consumers that insurers need to target, as well as the types of products they need to provide. An aging population will put increased strain on state pensions and social services like public healthcare. A declining middle class due to median incomes not increasing as fast as other core goods and services means young people are buying a house, getting married, and starting families at later points in life. And a larger proportion of the population living in urban areas leads to increased health risk due to pollution, poor hygiene, and other urban lifestyle factors. These three factors will help shape the insurance industry going forward.






Scope:

#. Renters are much less likely to hold some form of home insurance compared to mortgagors.
#. Private healthcare will become more popular as an aging population stretches public resources.
#. Stagnant middle-class incomes will reduce uptake of insurance policies.

Reasons to Buy

#. Identify changes to customer profiles over the next 30 years.
#. Be prepared for changing consumer needs when purchasing insurance.
#. Plan for the future to stay ahead of the competition.






Table of Contents

PLAYERS
TRENDS
Macroeconomic trends
Technology trends
Regulatory trends
INDUSTRY ANALYSIS
The three demographic trends that will shape the insurance industry
The global population is aging
The middle class is disappearing
The world is becoming more urbanized
Timeline
VALUE CHAIN
COMPANIES
Public companies
Private companies
GLOSSARY
FURTHER READING
APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY

Resource: https://www.researchica.com/reports/demographic-trends-in-insurance---thematic-research

Insurance Industry Market Research Reports by Researchica

Canadian Imperial Bank of Commerce (CIBC) is a provider of personal, small business, and commercial and corporate banking solutions. Under personal banking it offers accounts, overdrafts, credit cards, loans, mortgages, investments, retirement planning, travel and creditor insurance, advisory, and other supporting solutions. Under small business banking it provides cash management, merchant services, accounts, credit, specialty services, corresponding banking, trade finance, and foreign exchange.






The commercial and corporate banking segment provides business solutions, global investment banking and management, and custody services. It serves individuals, SMEs, corporates, HNW and UHNW individuals, and wealthy families. It has operations in Europe, Asia Pacific, North America, and the Caribbean.

This report provides insights into CIBC's digital transformation strategies and innovation programs. It also gives an overview of its technology initiatives, covering partnerships and product launches, as well as insights on each technology initiative including technology theme, objective, and benefits. In addition, the report includes details of the company's estimated ICT budgets and major ICT contracts.






Scope:

#. CIBC is strengthening its focus on the use of innovative technologies to enhance its digital banking capabilities. Cloud, AI, blockchain, cybersecurity, big data, and robotic process automation are among the technologies the company is focusing on.
#. To explore the potential use cases of blockchain, CIBC has partnered with several financial institutions to establish R3, a distributed ledger technology platform. CIBC also co-launched DataVault Innovations, which offers analytical data for the fixed-income and derivatives market.
#. In 2016, CIBC launched CIBC Innovation Banking, CIBC Data Studio, and CIBC Live Labs, which act as innovation hubs for financial institutions, technology startups, and entrepreneurs to explore emerging technologies and build digital solutions.






Reasons to Buy

#. Learn about CIBC's fintech operations, including investments, product launches, partnerships, and acquisitions.
#. Gain insight into its fintech strategies and innovation initiatives.
#. Discover which technology themes are under the group's focus.

Table of Contents

Overview
Digital Transformation Strategy
Accelerators & In-House Labs
Technology Focus
Technology Initiatives
Investments
Partnership & Investment Network Map
ICT Budgets and Contracts
Key Executives
Disclaimer

Source: https://www.researchica.com/reports/canadian-imperial-bank-of-commerce-enterprise-tech-ecosystem-series

Every state has monetary obligation law. That implies that you should either have obligation insurance or demonstrate that you are monetarily ready to pay for harm that you cause in a mishap. Probably the most ideal approaches to set aside cash is to get a few insurance agencies to give you a car insurance gauge or statement prior to buying any insurance.






There are numerous approaches to get accident insurance cites. You could stroll into a neighborhood specialist and request a statement. This might be the most noticeably terrible approach to purchase insurance. When the specialist gives you the statement, you are on the spot to settle on a choice. You most likely have not different statements yet, so you can't look at the costs that you are being cited. Moreover, it is hard for certain individuals to say no when looking at the specialist without flinching.

A to some degree better route is to settle on a few telephone decisions mentioning car insurance gauges. Without a doubt the specialist will request to get back to you with the last gauge. This can work in your favorable position, since it permits you to call different specialists to request more statements while the first is chipping away at desk work. The thought here is to get three or four statements being animated simultaneously. At the point when a specialist gets back to with their gauge, disclose to them you are looking out for different statements and plan to purchase the insurance with the best cost. A few specialists may consequently drop their cost when they hear this, however don't buy insurance until you have all the statements.






A far superior route is to enter your own information in a web index for insurance on the web. Sites are prepared to take that data and send it to a few organizations for cites. You ought to get at any rate three statements for insurance. Specialists will at that point either call or email you the statements. Request email cites if conceivable with the goal that you have a paper record to survey and do a one next to the other examination. Pick the best organization and call to set up the insurance.






Anyway you get the statements, audit them and decide to best insurance at the best cost to buy.

To set aside considerably more cash, pay the whole premium on the double. This may save you as much as sixty dollars for a multi month strategy.

Drive securely and submit to the transit regulations and your insurance costs will stay low or even expense you less.

Presently you have a favorable position of contrasting car insurance strategy of various organizations and you will actually want to purchase any insurance strategy for your car from the solace of your home.



You will actually want to get car insurance cites from the sites of different insurance agencies yet these insurance agencies give just a few insurance cites. Then again, there are sites that make examination among car insurance statements of first class car insurance agencies. These sites may have an element that you can visit on the web and ready to find your solution by talking through organization's administration official. These sites gives all the highlights to your help so you get your best arrangement without applying a lot of exertion. At the point when you looking at the paces of top of the line car insurance agencies, at that point you will see there is gigantic contrast among premium paces of insurance agencies. Also, it is nothing unexpected that in the wake of visiting different sites on the web, you may discover modest car insurance quote inside your spending plan.



Subsequent to deciding to get one insurance strategy for your car, you will actually want to check the general insight of the clients of your insurance agency. There is a site name J.D. Force (jdpower.com) that rates the insurance agencies as per different factors, for example, clients generally experience, benefits include with strategy and the pace of the approach. This site likewise give the contact data which you can utilize and check reality all alone.



Each state has Department of Insurance site that record grievances against the car insurance agencies and you may discover a grumbling against a rumored insurance agency as well. Thus, by committing some more minutes in contrasting the insurance cites accessible from first class insurance agencies, you will actually want to set aside gigantic measure of cash. You can likewise check the standing of your insurance agency to bring in sure that your cash is going in safe hands and at whatever point you discover any trouble, you will actually want to get your cash back.

In the event that you maintain a business and you have an organization car, it is predominant you get business accident insurance. This is an awning which covers you and your business for the explanation that the auto addresses your exchange. So at all happens to your organization car, individuals in it, individuals or auto it slammed into, your enterprise will have no trouble settling obligations. There are bunches of instances of such companies in our every day life.


You should know when you require a business or individual collision insurance. On the off chance that you are association a huge scope business you require business collision insurance yet on the off chance that you bargain in an independent company and you utilize your individual car for preparation you need to get individual accident coverage citations.

Another fundamental highlight note is guaranteeing your staff's very own cars, realizing total well that they use it to go for your partnership task. Your company's record won't be vanishing for the explanation of any unforeseen occurrence. So you require making arrangements for your trade car, individual car utilized for work purposes and likewise your representative's cars. Also, in the event that you have armadas of cars you require collision insurance for your organization.


As you settle on a choice whether to get any of the kinds of car insurance, verify you get unrivaled risk inclusion for your organization. Consider additional obligation inclusion you need and others you don't need so pressing since you may require them later on. Do your shopping on net; get the gratis statements from a solid and believed site.

You should place into thought the different offer every enterprise is set up to give, not just the charging of a strategy. Verify you get more than single business car credit citations on the web and likewise ensure they have unrivaled arrangements.
Cheap and Best Insurance Quotes Online
Initially, it causes you to design prior for any future incident or mishap. Also, it encourages you setting aside the cash which will be utilized to cover the costs later on. On the off chance that, you have the health care coverage however don't have the accident insurance, at that point still you should deal with the monetary issue when there is pressing need. For instance, how about we accept that you met with a mishap and got harmed. At that point, might be you have health care coverage strategy adequate to pay for your clinical costs. In any case, you won't pay for the later costs of usable consideration, so you will confront the obligation.



The purpose behind the obligation is that a large portion of your cash will have just been utilized. You may need to take care of the punishment for driving with no insurance, fix your vehicle or pay for the harms that other gathering has endured. On the off chance that you discover the insurance pointless, at that point as opposed to going for the one and avoiding the other, skirt all the insurance accessible on the lookout. However, on the off chance that you feel that insurance is important as it makes your life more secure and simpler, at that point purchase all the types of insurances. In the event that you select one and disregard other, at that point you, at the end of the day, are welcoming difficulty for you.

For getting modest and best insurance quote, look for the various insurance cites accessible on the web. Web is a generally excellent vehicle for getting least expensive insurance strategy might be its extra security, accident coverage, property holder insurance or life coverage. Subsequent to having the fundamental insurance quote with you, it's simple for you to go for additional limits. You can offer different agreements and numerous strategies to insurance specialist alongside controlling the positive focuses.

You can cut down the expense of your insurance via looking for the least expensive insurance strategy on the web and getting limits utilizing instructive sites and online data. It is significant for you to realize that other than giving security against hazards, insurance likewise give numerous monetary advantages. You can utilize disaster insurance strategy for monetary arranging. It is up to you whether you need to anticipate your marriage, pregnancy of spouse or training of your kid. Prior to getting paperwork done for a insurance strategy, it is vital that you first analyze the insurance cites on the web.

It is fundamental for gather accident coverage subtleties prior to putting resources into insurance of your car, to assist you with settling on a right decision about which insurance agency and strategy is best for you. Regardless of whether you are investigating the most famous car insurance or explorer's accident coverage or youngster's car insurance, there are in every case some significant things you should realize that will assume an indispensable part into the sum you pay for insurance.

The sort or the class of car you drive has a major effect. Sports cars, for example, corvettes, Ferraris and so forth all are extravagant and cost more than your standard efficient car, for the explanation of the sort of proprietors who gets them. The driving history of your car will assume a significant part. The better and clean record you have, the less you will pay. Now and again you can likewise discover collision insurance with totally online organizations. A portion of these organizations give truly modest collision insurance.


You can rapidly think about statements from various organizations, by doing an intensive pursuit. Notwithstanding, be incredibly sure that you look at the highlights that are remembered for the approach. For instance, an organization may look shabbier than another, yet in fact they will reject some significant components that will be fundamental for the insurance. In this manner one should comprehend that less expensive isn't better consistently, particularly in car insurance.

Arrangements contrast extraordinarily in their accessible highlights and alternatives, and various firms give you motivations to commit to them. You can really trade out some large investment funds while looking for the right insurance strategy.


Numerous insurance arrangements give passing and coincidental cover. One ought to never purchase essentially in light of the fact that an organization is giving a modest approach; always remember to take a cautious watch at the highlights the organizations offer, and above all else their general dependability and notoriety.

Young people have high danger of mishaps, presumably in view of their crazy driving propensities. This adds one more significant purpose behind collision insurance. Additionally, there are various different choices that you can include your collision insurance. A portion of these choices could incorporate breakdown cover, harm risk and clinical cover. A few firms will charge you extra for these choices, and some will incorporate these choices standard.

Additionally one should not go just with the cost as purchasing less expensive car insurance strategy can cost a lot costly in a more extended run. One should likewise take a gander at the inclusion given by the car insurance strategy. All the different diverse car insurance strategies give distinctive inclusion. As in certain arrangements the complete inclusion is additionally given. This inclusion covers the vehicle harm if the vehicle is harmed in any hail or flood. This inclusion additionally covers the vehicle in the demonstration of burglary.



Practically all the vehicle insurance agencies are giving car insurance arrangements at sensible rates in the current date. The fundamental purpose for this is that so every single individual can bear the cost of it without any problem. One can buy car insurance by two different ways. One path is to go to the car insurance specialist or intermediary and the alternate route is to go on the web.
The subsequent way is a lot of advantageous and furthermore quicker then the main way. For the subsequent way, one requirements to have a PC and an Internet association. On the off chance that one has it, one should open the destinations from where one can purchase car insurance on the web.


Subsequent to opening every such site, first thing that one should acquire is the car insurance cites. Furthermore, for this one should top off a structure. This structure should be topped off totally and that too with genuineness. In the wake of filling this structure the following stage is the accommodation of the structure. After the accommodation of this structure on will get car insurance statements of all the vehicle insurance agencies, organizations and suppliers. After this examination one will actually want to choose the best car insurance strategy. Furthermore, one can make acquisition of car insurance there on that site as it were.