Would You Buy Insurance From Amazon, Facebook, Or Google?
January 25, 2022 by Staff
The insurance industry is going through digital transformation at breakneck pace.
The most recent data from CB Insights pegs global insurtech funding at $10.5 billion through Q3 2021, already 48% greater than 2020’s year-end total. Driven by insurtechs, insurance is moving towards efficiency driven by technology, data, and predictive analytics. It’s getting away from the legacy operations defined by human underwriters, nine-to-five dealmaking, and cumbersome processes.
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