Across the country every day, Kenyans are increasingly relying on simple technologies as tools for socio-economic transformation. These innovations have in turn stimulated acquisition of new skills, increased civic participation, and access to Insurance, education, healthcare, public safety among others.

Until recently, insurance has been slow to technological change. The insurance industry seemed to be operating in the same old way while new players worked to technologically disrupt banking and financial management, ticketing, travelling, bill payments etc. That era of stability has ended with increasing deployment of advanced sensor technologies and related services. The Insurers and reinsurers are seeking new and innovative systems to improve service delivery and efficiency within their companies.

A report by Institute on International Finance 2016 examining how technology is beginning to reshape the insurance landscape stated that Insurance is now like other major industries, grappling with the risks and opportunities of new technologies. The report further stated that one of the most exciting implications resulting from these developments is expanded insurability for low- income populations. In turn, this is accelerating competition, innovation and change in insurance.

In light of this, Resolution Insurance has adopted this new technology shift. Recently, we have implemented the SSP Pure Insurance System that is aimed at improving service delivery and simplifying product design processes. The system will drastically reduce exhausting and time consuming manual processes. Customers will benefit from an array of services such as web based application processes, digitized quotes among others.

Further, the integrated portal will support full cycle trading for Resolution Insurance brokers thereby enabling Insurance brokers benefit from single solutions claims management, e-trading across the broker community and overall policy administration.

 

In addition to simplified processes, we cannot ignore the mobile world which is a key innovation contributing to reshaping of the insurance industry today. The growing prevalence of mobile phones provides new methods for insurance firms to communicate with and provide products seamlessly at all hours to their customers, encouraging greater engagement and brand allegiance.

The Insurance market is an information based market since there is a lot of information gathering, processing and distribution and thus technology is needed to manage all this information.

123,333 Comments

  1. What Will Shopping Online Sites List Be Like In 100 Years?
    Vimeo

  2. Hey would you mind letting me know which webhost you’re
    utilizing? I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot faster then most.

    Can you suggest a good internet hosting provider at
    a honest price? Thank you, I appreciate it!

  3. A Intermediate Guide On Upvc Doors Luton glass repair – Hye

  4. Heya! I just wanted to ask if you ever have any problems with hackers?My last blog (wordpress) was hacked and I ended up losing a few months of hard work due to no data backup.Do you have any solutions to stop hackers?

  5. I?m not sure where you’re getting your info, but good topic. I needs to spend some time learning more or understanding more. Thanks for fantastic info I was looking for this information for my mission.

  6. The Most Underrated Companies To Watch In The Foldable Travel Wheelchair Industry lightweight folding wheelchair (Zita)

  7. 15 Best Pinterest Boards Of All Time About Self Emptying Robot
    Vacuum deal

  8. 5 Reasons To Be An Online Medical Malpractice Lawyers And 5 Reasons To Not Newport Medical Malpractice Attorney (Vimeo.Com)

  9. Everything You Need To Know About Motorcycle Accident Lawyers Geneva Motorcycle Accident
    Lawyer (Vimeo.Com)

  10. Chaga-Pilze, auch Schillerporling genannt, werden seit Jahrhunderten zur Heilung von Krankheiten eingesetzt

  11. For Whom Is Bmw Key Replacement Cost And Why You Should Be Concerned bmw key replacement
    service; Catharine,

  12. Bewitching King855: A Triumph of Innovation and Excellence

    King855, a name that has become synonymous with
    creativity, automated and mastery. This global entity has been at the forefront of the digital advancement, altering the way
    we interact with the world around us. From its simple beginnings to its remarkable rise, King855 has left an perpetual
    mark on the realm, alluring the hearts and minds of users worldwide.

    At the core of King855’s mastery lies its uncompromising loyalty to
    merit. The venture’s passion to experimentation and improvement has allowed it
    to constantly advance the parameters of what is doable, providing revolutionary merchandise and offerings that have
    revolutionized their corresponding realms.

    One of the crucial contributors behind King855’s victory is its ability to envision and satisfy the evolving expectations of its shoppers.

    The organization’s deep grasp of customer conduct and domain dynamics has
    authorized it to persist at the helm of the evolution, offering products that not only address current obstacles but also clear the path for a tomorrow filled with endless chances.

    Moreover, King855’s commitment to eco-friendliness and public welfare also marks
    it as unique from its foes. The entity has executed sizable achievements in reducing its
    sustainable mark, employing environmentally responsible
    policies and backing in green initiatives opportunities.

    As King855 proceeds to grow, it continues to be a icon of drive for rising trailblazers and pioneers around the world.
    Its narrative is a illustration to the power of perspective,
    loyalty and a tireless ambition of preeminence. Irrespective
    if you are a faithful user or a discerning spectator of the industry, the legacy
    of King855 is unquestionable, and its heritage
    is bound to persist for generations to come.

    Here is my website – online casino player behavior analytics


Leave a Reply to Denny Cancel reply

Your email address will not be published. Required fields are marked *