There are tectonic shifts under way in the insurance industry. No prizes for guessing what’s fueling them. You got it - technology.
From wearables to Artificial Intelligence (AI) to autonomous driving and the Internet of Things (IoT), digitalization is rapidly changing the insurance landscape, leaving insurers with a Hobson’s choice – innovate or perish.
So what does the next decade hold for the industry? Allianz Research sifts through the developments to identify some potential trends…