We discuss some of the developments taking place in the UK insurance industry and talk about the future, where we predict an insurance industry that looks very different:
In summary this paper covers:
- Disruption of digital brokerage
- Dismantling packages products
- The new product manufacturers
- Legacy insurance
Of all of the threads of Fintech which have been storming the trade press over the last 3 years, InsurTech has been one of the most enduring, and potentially industry-altering. While it is all too easy for those with established businesses to dismiss these nimble start-ups, they do so at their peril.
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