Our insurance team combines deep sector knowledge and extensive experience with addressing the risks and opportunities that matter to insurers, to support clients as they navigate a rapidly changing environment.
We provide a broad range of services to general insurers, life insurers, health insurers, reinsurers, brokers and other key sector participants.
We also partner with a diverse range of technology companies to meet the emerging needs of the insurance sector whilst also bringing global assets and approaches to the Australian context. KPMG helps Australian insurers find sustainable pathways to growth.
Today's economic environment is forcing insurers to rethink the way they conduct business whilst building resilience in the context of volatile markets, disruptive technologies, and a complex web of new regulations and compliance issues, whilst facing challenges ranging from severe weather events, rapidly changing consumer expectations and the impacts of legacy products and systems. This environment creates both risks and opportunities, putting a premium on timely and sound business decision-making.
KPMG’s Insurance sector insights
Something went wrong
Oops!! Something went wrong, please try again
Frequently asked questions (FAQs)
Yes, KPMG has regular updates on APRA’s Prudential Standard CPS 230 Operational Risk.
Yes, KPMG can assist with IFRS 17 implementation, it has deep experience globally and locally.
KPMG offers key services including:
- Customer segmentation and mapping
- Brand and marketing strategy
- Customer experience and service design
- Marketing technology
- Brand reputation and integrated communications
- Market research & intelligence
We'll analyse what the change means and how it will impact your organisation. We'll also help you implement an effective, well-tested change program to ensure compliance.
Focusing on digital strategy, AI, data analytics, IoT, mobile app and web, our technology and data team brings together deep knowledge of the latest technology stack to drive improvement in key business drivers, including:
- Data optimisation
- Customer experience
- Platform modernisation
- Claims transformation and more.
We align your business objectives with your technology strategy to respond to critical challenges and opportunities in the digital economy, including core platform modernisation.
We partner with clients to bring end-to-end digital capabilities to life, using insights and data led decisions, to together deliver the desired customer experience.
We can provide:
- Scoping study
- Project co-ordination
- Operating model design
- Planning and strategy
- Due diligence and separation
- Financial due diligence
- Risk and controls due diligence
- Governance and integration reviews
- Commercial analysis
- Business optimisation
- Tax due diligence and structuring
- Accounting and process mapping
Let us understand your current approach and activities surrounding ESG, then develop sustainability roadmaps and the most appropriate frameworks to suit your ESG risk profile.
Contact us
- Item 1
- Item 2
- Item 3
- Item 4
- Item 5
