SWS Academic Research eLibrarySocial Sciences & Art

Scholarly record

ECOLOGICAL IMPACT ON DIGITALIZATION IN INSURANCE AND INSURANCE INTERMEDIATION

Dimitar Mitrev

First published: 2023https://doi.org/10.35603/sws.iscss.2023/s13.55View metrics

Abstract

Digitalization has had a huge impact on the insurance sector, influencing everything from underwriting to claims management, as well as insurance intermediation. It has resulted in higher efficiency, improved customer experience, tailored products and services, better risk management, and increased regulatory compliance. It has, however, introduced additional issues, such as data privacy and cybersecurity concerns. Overall, digitalization has fueled insurance industry innovation and given new opportunities for insurers and intermediaries to grow their operations. One of the most notable effects of digitization on the insurance business has been the change in insurance product distribution. Insurance intermediaries may now reach customers more easily through social media, websites, and other digital channels thanks to advances in digital technology. This has made it easier for intermediaries to offer insurance products and services to a broader audience while also boosting overall client satisfaction.

Publication Impact Profile

PlumX
  • Captures
  • Mendeley - Readers: 3
PLUMX see details

Publication details

Title
ECOLOGICAL IMPACT ON DIGITALIZATION IN INSURANCE AND INSURANCE INTERMEDIATION
Authors
Dimitar Mitrev
Proceedings
Proceedings of 10th SWS International Scientific Conference on Social Sciences - ISCSS 2023
Publisher
SGEM WORLD SCIENCE (SWS) Scholarly Society
Year
2023
Pages
723-728
SWS Citekey
Mitrev202313111
ISSN
2682-9959
ISBN
978-3-903438-06-4
Language
en
Publication type
Proceedings Paper
Keywords
ecologydigitalizationinsurance
References6

  1. Katsarski N. CONCEPTUAL ECONOMIC INDICATORS IN THE CIRCULAR ECONOMY November 2022 DOI: 10.5593/sgem2022/5.1/s21.068 Conference: 22nd SGEM International Multidisciplinary Scientific GeoConference 2022 22(5.1), pp. 541- 548

    View DOICrossrefGoogle ScholarWeb of ScienceScopusOpenCitations

  2. https://strategiccoin.com/difference-utility-tokens-equity-tokens/

  3. Katsarski N. CONCEPTUAL PROBLEMS OF A CIRCULAR ECONOMY FOR BUSINESS MODEL IMPLEMENTATION December 2022 DOI: 10.35603/sws.iscss.2022/s04.039 Conference: 9th SWS International Scientific Conferences on SOCIAL SCIENCES - ISCSS 2022

    View DOICrossrefGoogle ScholarWeb of ScienceScopusOpenCitations

  4. Tanguy C. and others Digital disruption in insurance: Cutting through the noise March 2017 Copyright McKinsey & Company mckinsey.com., p.21-22.

  5. Tanguy Catlin, Ido Segev, and Holger Wilms, “The Hallmarks of Digital Leadership in P&C Insurance,” McKinsey & Company, August 2016.

  6. Tanguy C. and others Digital disruption in insurance: Cutting through the noise March 2017 Copyright McKinsey & Company mckinsey.com., p.21

View or Download full articleAccess options
Full paper accessChoose SWS login, librarian support, or instant article download.

SWS access login

Login as SWS Scientific Committee

Authors and approved SWS contributors will read and export their own linked papers after identity matching by SWS profile, email and SGEM GlobalID.

For librarian assistance: [email protected]

Purchase Instant Access

48-hour online accessComing soon
Online-only accessComing soon
Download the full article in PDF formatEUR 35
  • Article can be downloaded after successful payment.
  • Article may be used according to SWS library access terms.
  • Article cannot be redistributed.
Get full paper

Back to publication list