Problem
Purpose
The convergence of technology and insurance is transforming the insurance landscape from car insurance to medical. This innovation and disruption has created enhanced efficiencies and contemporary product design while addressing consumer demand for affordability, accessibility, and personalization.
This problem is intended to help you learn to do the following:
• Explain Insurtech's impact on the future of the insurance industry.
• Discuss examples of how underwriting, servicing and/or the issuance of personal lines policies, life insurance policies and medical insurance are changing.
• Discuss how data and AI influence the work of Insurtech companies.