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.

132,631 Comments

  6. The Most Effective Reasons For People To Succeed With The Titrating Medication Industry private adhd titration online
    (kingranks.com)

  9. Good post however I was wanting to know if you could write a litte more on this subject?I’d be very thankful if you could elaborate a little bit more.Many thanks!

  11. I need to to thank you for this wonderful read!! I definitely enjoyed every bit of it. I have you book marked to check out new stuff you post…

  17. What as up, I log on to your blogs on a regular basis. Your humoristic style is awesome, keep up the good work!

  18. What’s The Job Market For Designer Handbags Red Professionals Like?
    designer handbags red (Willian)

  26. Hey there! I just wanted to ask if you ever have any
    trouble with hackers? My last blog (wordpress) was hacked and I ended
    up losing several weeks of hard work due to no backup.
    Do you have any methods to protect against hackers?

  27. I believe you’re on the right course with your blog. You’ve got a considerable amount of entertaining information that new visitors are going to appreciate.

  31. 20 Up-Andcomers To Watch The CSGO Most Profitable Cases Industry wildfire case (Lottie)

  32. Nine Things That Your Parent Teach You About Shopping Online Site Clothes shopping online site clothes (Tanja)

  34. As the admin of this web page is working, no hesiutation very shortly it will be famous,
    due to its quality contents.
    sns헬퍼

  36. Side By Side Freezers Fridge Tools To Ease Your Everyday Lifethe Only Side By Side Freezers Fridge Trick Every Person Should Be Able To Side By Side Freezers
    Fridge (Sommer)

  42. Do you mind if I quote a few of your articles as long as I provide credit and
    sources back to your website? My website is in the very same niche as yours
    and my visitors would truly benefit from a lot of the information you provide here.
    Please let me know if this ok with you. Cheers!

  43. Piece of writing writing is also a fun, if you know then you can write if notit is difficult to write.

  44. The Reasons To Focus On Enhancing 18 Wheeler Accident Attorney Vimeo

  45. Asking questions are really good thing if you are not understanding anythingentirely, except this paragraph provides good understandingeven.

  46. Thanks for another wonderful article. Where else could anybody get that type of info in such a perfect manner of writing? I have a presentation subsequent week, and I am at the look for such info.

  48. 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 wonderful info I was looking for this information for my mission.

  49. Everything is very open with a really clear clarification of the challenges. It was definitely informative. Your site is very useful. Thank you for sharing.

Add a Comment

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