Why Insurance Organizations Need a Plan to Handle InsurTech Disruptions
Insurance and reinsurance companies can’t keep up with InsurTech with investment alone. Find out why!
InsurTech disruptions will continue well into 2019. That’s an easy prediction to make as 2018 Q1 InsurTech investments increased 155% increase over 2017 Q1. This rise in capital indicates that there is no rest for incumbent organizations responding to startups delivering new capabilities and updated processes into the market. These firms can quickly evolve because they are untethered to legacy technology or an established customer base.