Emerging Technologies

The mobility-insurance market can become one connected ecosystem to the benefit of all participants.

A pressing question for insurtechs: Will startups need to use the incumbent tech market’s capabilities, or will they build their own?

Currently, P&C insurers’ auto work involves insuring large numbers of small risks. The future holds a few large risks.

With smartphones now carried everywhere by their users, they can be used as automatic crash notification IoT devices.

The microservices architecture solves a number of problems with legacy systems and can continue to evolve over time.

To paraphrase George Orwell’s quote from Animal Farm, “All technologies are equal, but some technologies are more equal than others.”

Here is a 10-point checklist (from the perspective of the corporate innovation manager) to improve the chances of success.

While insurtech remains nascent, in many ways, a subset of firms is producing results, gaining momentum and making an impact.