Insurtech — the next big thing

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What value does Insuretech offer?

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Conclusion

As digitization is making its way in every aspect of human life, tech innovation in insurance will define the future course of the Indian Insurance market. Insurtech can influence the insurance industry through three ways-

  1. As an insurer, Insurtech redefine their image with the digital transformation
  2. As a broker, Insurtech can utilize technological intervention to connect the customer to an insurer and ensure the best service quality
  3. As a solution provider, Insurtech can collaborate with insurers to enhance automation and process excellence
  1. BCG insurtech report 2021

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