Insurtech: a mindset in the making
Insurtech is in good health. 2017 was characterised by strong growth, an increase in technological maturity, and the continued development of local and regional hubs around the world. Europe and Asia are playing a more significant role than in the past, and insurers are forming more partnerships than ever before. However, the way the insurance industry currently views and leverages startups makes them far less effective, both as a force for digital transformation and innovation, than they could be.
This report will centre around how and to what degrees of success, the key technologies being introduced into the insurance industry are being integrated by the insurers themselves. Having explored what these technologies are and the major stakeholders in the value chain, this report will provide rich case studies across the main non-life insurance sectors, demonstrating lessons learnt in the integration process and how this can be done better.
In addition, the report will explore the significant developments Insurtech is having on the distribution chain, the claims process and what emerging technologies the industry should be getting most excited about.
Chapter 1: Overview of the main participants and the role they play
Chapter 2: Overview on main technologies impacting the insurance industry
Chapter 3: The application of these technologies across major non-life sector
Chapter 4: Distribution – “If you own distribution, you own the lifeblood of the insurance business”
Chapter 5: How Insurtech is improving the claims process
Chapter 6: The future of Insurtech
Chapter 7: Culture and integration
Chapter 8: Regulatory impact of new technologies