Insurtech adoption jumps
Wednesday, 06 28 2017, Category: Technology, Country: World
Telematics and wearables helping companies better predict claim probability, as well as the inclusion and growth of premium comparison sites, has driven a surge in insurtech adoption, according to a study by consulting and advisory firm EY.
Insurance has made huge gains, moving from being one of the least commonly used fintech services in 2015 to the second most popular in 2017, now standing at 24 percent, according to the most recent EY FinTech Adoption Index.
Source: Intelligent Insurer