At a glance
InsurTech’s rise is not a threat, but a real opportunity for insurers to innovate.
While most insurers have embraced change to support incremental innovation, most of them recognize they need to do much more in order to promote the breakthroughs that result in a true competitive advantage. Accordingly, insurance leaders’ innovation agenda should include:
Innovating to grow: A new world of opportunity for insurers will help insurers answer these questions as they define and fine tune their innovation agenda.