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For many people, filing insurance claims means tedious paperwork and stressful phone calls. It doesn’t have to be that way—and, soon, it won’t.
The Next Normal
looks at how telematics and artificial intelligence will enable faster, easier claims.
We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we will be happy to work with you. Please email us at:
McKinsey_Website_Accessibility@mckinsey.com
In upcoming editions, The Next Normal will explore the future of grocery, college, video entertainment, and more.
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More on the future of insurance claims
Blog Post
How to maximize the chances of achieving your insurance claims aspiration
June 19, 2019
– Almost a quarter-century ago, research by John Kotter found that only 30 percent of change management programs succeed. And a...
decade ago, McKinsey research found that the needle hasn’t moved.
Article
Digital ecosystems for insurers: Opportunities through the Internet of Things
February 4, 2019
– The Internet of Things has entered customers’ everyday lives around the globe and transformed business models across industries....
This environment brings opportunities for insurers: to develop new products, open new distribution channels, and extend their role to include prediction, prevention, and assistance.
Article
Insurance beyond digital: The rise of ecosystems and platforms
January 10, 2018
– Insurance companies have the opportunity to create new sources of revenue by rethinking their traditional roles and adopting an...
ecosystem mind-set.
Blog Post
What the new world of insurance could look like
August 1, 2017
– From a customer’s standpoint, few industries are as ripe for disruption as insurance.
Article
A ‘nudge’ for the better in assistance claims journeys
July 5, 2017
– Companies tend to assume that customers, employees, and suppliers always behave rationally.
Article
The promise of blockchain
March 1, 2017
– Blockchain has huge potential to enhance insurers’ business model, but is also being used by digital start-ups to attack...
it. Hence the imperative for incumbents to start exploring this nascent technology.
Video
What is an insurance customer journey?
March 2016
– McKinsey director Alex Singla illustrates how a simple insurance claim provides multiple chances to...
build customer satisfaction.
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