Going Digital

The impact of insurtech is at least 40% to the average carrier -- with a 20% possible upside, and a 20% downside scenario.

The insurtech movement is maturing, and there is convergence happening between the traditional industry and the startups.

Sustainable innovation success doesn’t revolve simply around what innovations “do”; it builds on what they invite customers to become.

Insurers are staying on the cutting edge by looking for ways to speed up processes, and to operate more efficiently.

Insurers want digital and analytics platforms that can help them realize the full benefits of a core transformation.

In other words, the focus should not be on pushing insurance products but on offering prevention services.

IT has become a constraint — not the enabler it was always meant to be. Speed-to-market has become an oxymoron!

With so many devices that are highly networked, we find ourselves at the brink of redefining the underlying concept of insurance.