Technology has dramatically changed the way people live, including their buying behaviors.

Consumers expect a simple, streamlined experience, typically enabled by smart technology, and that experience presents a wide range of opportunities for innovation within the insurance industry.

On the heels of Fintech, investors and technology companies turned their attention to the insurance market, which has resulted in billions of dollars in funding. Thousands of products have been introduced, are continually evolving and gaining market traction in agency tools, data analytics, claims management, distribution, health tech, artificial intelligence, machine learning, internet of things and others, to improve the customer experience and enhance the way the ecosystem operates.

It is a strategic imperative for brokers to remain informed on the way technology is shaping insurance and to be proactive in seizing opportunities these tools and resources present.

All Insurtech Items

The Regulatory Hurdle of Bundling in Insurance: Anti-Rebating Rules
Insurtech | Jul. 1, 2019 | Insurtech, IoT/Telematics, Regulation

July 1, 2019 While state anti-rebating rules have long been problematic for insurance producers in terms of both compliance and business practice, new technologies and value-add products – telematics, connected

Ernst & Young Releases 2019 Global Fintech Adoption Index
Insurtech | Jul. 1, 2019 | Industry Reports, Insurtech

July 1, 2019 Ernst & Young recently released their 2019 Global Fintech Adoption Index, an in-depth report based on “27,103 online interviews with digitally active adults” from 27 markets all

Health Intelligence
Healthcare In Transition, Leader’s Edge | Jun. 20, 2019 | Insurtech

June 20, 2019 According to Jonathan Gandolf of Springbuk, “We don’t need more data. Employers need direction on how to use what they have.” Gandolf explores how to meaningfully analyze

Alternative Routes for Growth: Insurtech and MGAs
Insurtech | Apr. 24, 2019 | Insurtech, MGAs

April 25, 2019 Clyde & Co.’s Insurance Growth Report 2019 highlighted the growing importance of MGAs. According to the report, MGAs are now “one of the fastest-growing segments of the

The MGA: Innovation’s Royal Road?
Insurtech | Apr. 24, 2019 | MGAs

April 25, 2019 Managing General Agents (MGAs) are not a new model of risk transfer, but they recently have become more widespread, particularly in the small business space. Matthew Grant,