Making sense of Microinsurance against the backdrop of tech innovation

When it comes to innovation, the insurance industry has arguably earned a reputation for being technology laggards.  While the world watched the FinTech revolution unfold, the insurance companies were nowhere to be seen.  This is however all starting to change, and rapidly, with 2015 recording InsurTech startup funding at more than $2.5 billion and an estimate of more than 500 Insurtech companies in existence today. Analytics are being taken to a new level in determining everything from consumer risk behaviour to streamlining claims processes.  We are seeing the internet-of-things moving on from the hype and into reality with early stage
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