Insurers have lagged far behind different industries on the subject of digital capabilities, however business disruption is near a tipping level the place both the disturbances catch up or fall.
A number of components are main legacy insurance coverage firms to digitally rework, together with altering shopper calls for, technological developments, and new regulation. In the meantime, the coronavirus epidemic is growing demand for revolutionary choices and options for purchasers and insurers alike. Whereas the virus will finally cross, the expertise’s profound influence on the business is right here to remain.
In the way forward for insurance coverage: the digitization slide deck, Insider Intelligence analyzes the forces driving digital change within the insurance coverage enterprise.
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