Wave of innovation will test the insurance industry
Friday, 11 04 2016, Category: Insurance and Reinsurance, Country: World
A combination of automation of internal processes, gadget-driven insurance products and startups is set to transform the insurance business in the coming years, according to Torbjörn Magnusson, president & CEO of Nordic property/casualty insurance provider If P&C Insurance.
“Automation of internal processes is changing the industry most heavily,” he said.
In the future, as in many other industries, more services will be operated by customers themselves.
Source: Intelligent Insurer