Why do we need Insurtech?

Why do we need Insurtech?

Insurtech is revolutionizing insurance by providing customers and service providers a seamless, error-free, and safe way to conduct business. To best benefit customers, insurance companies need to invest in new technology and customize solutions based on individual needs.

What is the primary goal of Insurtech?

Terms in this set (25) What is the primary goal of InsurTech? b. Programming systems to learn from patterns or features in the data they process.

Is FinTech an insurance?

Insurtech is a combination of the words “insurance” and “technology,” inspired by the term fintech. The belief driving insurtech companies and investments by venture capitalists in the space is that the insurance industry is ripe for innovation and disruption.