insurance disruption

InsurTech: Making Insurance Companies Rethink Their Business Models

By | 2017-09-20T07:04:40+00:00 September 20th, 2017|Categories: All Articles|Tags: , , |

The latest World Insurance Report (WIR) finds a wave of new digital technology is confronting most insurance sectors. While disruptive, the InsurTech movement is forcing insurance companies to rethink their business [...]

Will technological disruption give rise to new business models in personal lines ?

By | 2017-06-05T06:54:27+00:00 June 5th, 2017|Categories: News|Tags: , , |

Technology-focused investments are pushing business model changes across industries, and insurance is not immune to these pressures, a new study by global investment management firm Conning suggested. Released on Wednesday, the [...]

Many insurtech firms believe in complimenting insurers rather than competing with them

By | 2017-05-31T07:47:55+00:00 May 31st, 2017|Categories: News|Tags: , , |

Wayne Slavin, CEO of the insurtech Sure, doesn't think that insurance startups can always do a better job of underwriting coverage than incumbent carriers. The goal of his startup is to [...]

Chatbots can be a great way to save time and cost of customer service

By | 2017-05-22T07:00:17+00:00 May 22nd, 2017|Categories: News|Tags: , , , |

Chatbots will redefine the customer service industry, with healthcare and banking sectors set to benefit the most, according to a study by Juniper Research. The new research forecasts that chatbots will [...]

Are Value Added Services the Answer to Insurance Industry Challenges?

By | 2017-05-11T06:36:54+00:00 May 11th, 2017|Categories: Trending Topics|Tags: , , , |

Rapid change. Lower barriers to entry through technology. Easier-than-ever cross-industry movement. New competitors with business models that push regulatory boundaries. How does an insurance provider retain customers in this brave new [...]