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.

132,660 Comments

  2. Hi! Someone in my Facebook group shared this website with us
    so I came to check it out. I’m definitely enjoying the information. I’m book-marking
    and will be tweeting this to my followers!
    Outstanding blog and wonderful design.

  4. Hello, everything is going fine here and ofcourseevery one is sharing facts, that’s truly good, keep up writing.

  5. Why Adding A Double Glazing Offers Near Me
    To Your Life Will Make All The Difference double glazing windows
    (Fran)

  6. Thanks for the auspicious writeup. It actually
    used to be a entertainment account it. Look complicated to far added agreeable from you!
    However, how could we keep in touch?

  7. Cheapest 10kg Washing Machines Tools To Streamline
    Your Everyday Lifethe Only Cheapest 10kg Washing Machines Trick
    Every Individual Should Know Cheapest 10kg washing machines (cse.Google.co.ck)

  9. I value the article.Really looking forward to read more. Much obliged.

  10. Hey there! Someone in my Myspace group shared this site with us so I came
    to take a look. I’m definitely enjoying the information. I’m book-marking
    and will be tweeting this to my followers!

    Great blog and outstanding style and design.

  13. In the sprawling coismos of Destiny 2, where thrills beckons at every twist, the allure of
    Lost Sectors stands as aan unfathomable enigma.

  14. Hello There. I found your blog using msn. This is an extremely well written article. I’ll make sure to bookmark it and come back to read more of your useful information. Thanks for the post. I will certainly comeback.

  15. 15 Best Pinterest Boards Of All Time About Door Repairs Near Me wooden

  17. Gucci’s death was orchestrated by his ex-wife, Patrizia Reggiani, who hired a hit man to kill him outdoors ofthe Milan Gucci places of work.

  23. Good site you have here.. It’s difficult to find high-quality writing like yours these days. I truly appreciate people like you! Take care!!

  26. Five Killer Quora Answers On New Audi Key audi key (Rex)

  29. Say, you got a nice article post.Really looking forward to read more. Will read on

  30. Seven Reasons Why Shopping Online Uk To Ireland Is So Important Vimeo

  34. What’s The Current Job Market For Average Compensation For Mesothelioma Claim Professionals?
    average compensation for mesothelioma claim (buketik39.ru)

  37. The Bentley Valet Key Awards: The Most Stunning, Funniest, And Strangest Things We’ve Ever Seen Bentley Key Replacement
    Cost (Users.Atw.Hu)

  48. Your style is so unique compared to other people I’ve read stuff from. Many thanks for posting when you have the opportunity, Guess I will just bookmark this blog.

  50. It’s very easy to find out any matter on web as compared
    to textbooks, as I found this post at this web site.

    Here is my blog post: Buy Tapentadol

Add a Comment

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