Gartner Research

Insurers Are Moving From Risk Response to Risk Prevention Through Digital Transformation

Published: 21 March 2016

ID: G00278592

Analyst(s): Kimberly Harris-Ferrante

Summary

Digital technologies such as analytics and complex-event processing give P&C and life insurers a platform that enables them to better understand risk, and help their customers manage it. CIOs must build IT agility that enables insurers to shift from risk management to risk prevention.

Table Of Contents

Analysis

  • The Business-Critical Shift From Risk Management to Risk Prevention
  • Digital Transformation Is Enabling Risk Prevention
  • Customers Are Increasingly Willing to Accept This New Role of Insurers in Their Lives
  • The Path to Risk Prevention Needs to Start Now

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