The Insurance industry is undergoing a fundamental transformation. Customer acquisition, onboarding and engagement, underwriting and risk management, billing and claims – all these areas are being changed by the digital innovations.
Over the past few years, a wide variety of new products and technologies, such as drones, autonomous and connected cars, connected homes, big data and analytics, and blockchain, have been changing how the industry operates. At the same time, a growing number of fintech disruptors are carving out lucrative niches in insurance by using innovative business models and digital expertise to better meet changing consumer preferences and expectations.
Source: Event Website