(Re)insurers are coming to see InsurTech as a transformational rather than disruptive force and embracing the innovative potential within their businesses. How can you make the most of this ‘new normal’?
The disruptive impact of InsurTechs has been mentioned in a multitude
of publications. But are InsurTechs really as disruptive as commonly
claimed? Will they make incumbents obsolete? With the first wave
of InsurTech well established and a second wave coming, we believe
that CEOs have become well aware of how InsurTechs can impact their
business. And we observe a change: Fear is turning into bullishness and
scepticism into collaboration. The new norm is to embrace digital natives and open up for collaboration. Are InsurTechs truly disruptive?