THE MATURATION OF INSURTECH
DIGITAL STRATEGY
Using insights from Saggezza , PwC and McKinsey , we investigate how new digital strategies are enabling InsurTechs to transform the insurance sector
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ver since it emerged circa 2010 as an independent aspect of the burgeoning FinTech sector , InsurTech has come to encapsulate the morphing expectations of customers in the digital era . Although still rooted in the principles of an industry that was founded centuries ago , innovative companies have recognised that aspects of its operations , delivery and experience are very much in need of a 21st-century update . As such , developing and executing a visionary digital strategy is amongst the most important steps for contemporary InsurTechs to take . To elucidate this topic , we combined a first-hand interview with Keith Rutman , Senior VP at consultancy Saggezza , with industry insights from PwC and McKinsey .
THE MATURATION OF INSURTECH
InsurTech has experienced a steady buildup of momentum over the last 10 years , diversifying away from the rudimentary
SEPTEMBER 2020