Upgrading technology is top priority
Thursday, 05 24 2018, Category: Technology, Country: World
Upgrading technology is currently the number one concern for re/insurance industry leaders, according to a 2018 InsurTech report by AdvantageGo, the software product family from NIIT Technologies.
The report, which surveyed 30 c-suite re/insurance executives from around the world, found that industry leaders are becoming increasingly concerned about the pace at which their companies are keeping up with technological advances.
However, almost all respondents said they viewed emerging technologies, such as machine learning, artificial intelligence (AI), blockchain, robotics, and the Internet of Things (IoT), as an opportunity rather than a threat.