FOREWORD WEATHERING THE STORM THROUGH TECHNOLOGY
Insurtechs are tackling the climate change crisis through satellite technology and space-age innovation
“ Satellites and drone technologies , robotics , automation and AI are all transforming the space ”
The insurtech industry is a highly creative space . From health to P & C , and travel to climate crisis solutions , technology is at the forefront of innovation and change .
I ’ ve been particularly impressed with the recent changes in the parametric insurance offerings in their handling extreme weather events and natural disasters . It is in this space that the cutting-edge , space-age tech is tackling problems head on .
The traditional insurers are listening , too , and enlisting the help of the digital ecosystem to bolster their offerings and reach out to a wider customer base . Risk assessment is razor sharp , while real-time data results in a claims ’ management process that has become streamlined and frictionless .
Satellites and drone technologies , robotics , automation and AI are all transforming the space . Every day there is news of a different solution and product that offers better value to the customer .
It might be a difficult time for the world in many respects , but it ' s heartening to see the efforts being made to ease the burdens of customers .
We hope you enjoy this month ’ s issue !
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