InsurTech Magazine December 2023 | Page 119

Principally , regulations could impact insurers ’ access to client data , given greater calls for data privacy in an era of increased hacks and cyber security concerns .
Singh does not think regulations will stop the industry ’ s growth , though , it just may take time for the already dominant insurtech market to spread its wings further .
Wysa itself is already in the process of striking an insurance partnership with SwissRe , helping to provide it with “ a more personalised assessment of risk to insurers ” while becoming its “ health and well-being tracking mechanism across physical and mental health metrics ”.
Insurtech and healthtech : A telemedicine future ? With the early partnership successes of insurance and healthcare in mind , delivering mass-consumed telehealth products to the market points firmly to a digital-first healthcare future .
But how quickly will this future become a reality , and will consumers feel comfortable without seeing a doctor face-to-face ?
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