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Insurance Technology Report

Digital Challengers in Insurance

Insurtechs force an adoption of technology in the insurance industry

Technology is a key part of our society and all aspects of our life. It is crucial that key players from all industries take on new technologies in order to thrive, and the insurance industry is no different.

It has taken a long time for the insurance industry to digitalize. However, now it is an essential part of success in the market. GlobalData explores how technology is being utilized in insurance and allowing it to move forward, as well as how digital disruptors are threatening to leave incumbents that don’t interact behind.

  • What will you discover?
  • There has been sharp growth in global insurtech investment since 2018
  • An increase in value is largely caused by the soaring prices of deals
  • Incumbents need to adapt and digitialize if they are to be successful

Stay up to date with insurance news…

The global insurtech investment market held a value of almost $3.4bn in 2018, demonstrating an 80% growth in the industry. GlobalData outlines and explores insurance and the impact that digitalisation will have on it in the coming years.

Ensure that you are able to remain competitive in the insurance industry by taking heed of the innovations and models in this report.

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