Unformatted Text PreviewAI WILL NOT HAVE THE SAME IMPACT ACROSS THE INSURANCE VALUE CHAIN
Low impact
Medium impact
O
Significant impact
Acquisition & Sales
Sales Tracking
Channel
Market
Management
& Monitoring
Support
Development
Product
Product
Definition
Filing
Account & Contract
Market
Market
Management
Research
Promotion
& Analysis
Product
Product
Sales
Pricing
Testing
Distribution
Planning
Channel
Direct
Mgmt.
MARKETING
Sales
Product
Sales
Execution
Actuarial
Maintenance
Process
Product
Product
Branding
Configuration
SALES &
Product
DISTRIBUTION
Design
PRODUCT
MANAGEMENT
Commission
Management
Risk
Policy
Analysis
VALUE CHAIN
Validation
IMPACT
Quotation
Loss
Validation
Risk
Control
Claims Assessment
Inspection
Claims
Claims Financials -
Registration
UNDERWRITING &
Claims Adjudication
Claims
RISK MANAGEMENT
Validation
CLAIMS
MANAGEMENT
Loss
Risk
Risk
Reserve
Claims
Creation
Acceptance
Reinsurance
Monitoring
Litigation
Facility
Claims
Fraud
Referrals &
Rating
Subrogation
Management
Negotiation
Management
Statement Preparation
A/C Receivable & Payable
POLICY ACQUISITION
FINANCE &
Issue Quote
& SERVICING
ACCOUNTS
Commission Processing
Issue
Remittance Processing
Policy
Quick Quote
Collections Processing
Policy Endorsements
Book Keeping
Policy
Financial Accounting
Renewal
In-force Business Administration
Costing, Budgeting & Taxation
Contracts and Portfolio management
Rewrite,
Payroll Accounting
Reissue
Audit
Policy Reinstatement
Cancellation
Asset Management
source: SwissRe | Infographic by Antonio Grasso in partnership with SwissRe
@antgrasso
@ @agrassoblog