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KCG enables insurance companies with a tech boost

InsurTech is a burgeoning industry and Cyberport Smart-Space company Knowledge Consulting Group Limited (KCG) is among one the biggest hits of the market. The company was named a Top 10 InsurTech Consulting/Services company in the Asia-Pacific for its prowess in assisting insurance sellers and industry affiliates to go on a journey across InsurTech solutions.

The insurance space has been one that is largely traditional, but this has been transformed with the advent of InsurTech that is taking the industry by storm. The trick of getting ahead in this space is to be able to understand both the fundamental tenants of insurance but also be able to master the technology as well.

KCG’s clients are thus traditional insurers who have a strong market presence, along with new entrants, all of whom need to undergo a journey on a transformative path to tech. The way this can be achieved is through KCG’s proprietary insurance value chain framework and access to domain experts in various aspects of the insurance industry.

“One of the secrets of our growth is a consulting framework that utilises both knowledge and skills along with data analytics to transform what we see as the traditional insurance industry,” said by Hardy Lo, Co-Founder and Executive Director of KCG. “We have achieved solid digital transformation for many of our clients, which include everyone from Hong Kong companies to Fortune 100 entities, and we are further bolstering our analytics capabilities to help lead the insurance industry into the next phase of its digitally driven transformation,” Lo added.