P&C Technosavvy the September 2020 issue

Digital Divide

Digital is more important than ever.
By Michael Fitzpatrick Posted on August 25, 2020

But only 40% of insurers have a formal digital strategy, according to a Novarica survey of insurance chief information officers. Most insurers, however, claim at least a set of best practices for digital. The survey found that 42% of insurers say digital strategy has increased in importance since the pandemic began, but only 9% have increased their digital budgets.

Michael Fitzpatrick Technology Editor Read More

More in P&C

Colorado Requires Insurer Modeling to Apply Wildfire Mitigation
P&C Colorado Requires Insurer Modeling to Apply Wildfire Mitigation
A new law requires insurers to incorporate property- or community-level mitigati...
P&C The Next Evolution of Group Captives
As risks grow more numerous and complex, group captives can transform themselves...
Sponsored By Ryan Specialty
Saving Nature Saves Money
P&C Saving Nature Saves Money
Quantifying insurance savings derived from natural habitat protections and prope...
Brokers Poised to Guide Digital Defenses
P&C Brokers Poised to Guide Digital Defenses
As bundling cyber insurance with the right security products becomes more preval...
Specialize to Succeed
P&C Specialize to Succeed
Q&A with Matt Westhoff, President, Commercial Insurance, QBE...
Sponsored By QBE
Boom! The Explosion of Pyrotechnics Insurance
P&C Boom! The Explosion of Pyrotechnics Insurance
You can’t blow stuff up without risk.