Insurers fear revenue is at risk to disruptors entering the market

Technology

Insurers are worried that their revenue is at risk from insurtech, with over one in eight insurers fearing that they could lose revenue to disruptors entering the market.

Insurers are looking towards using Artificial Intelligence, blockchain and partnering with start-ups and over half are planning to invest in mobile technology within the next year.

In PWC’s Global

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Q&A: Simon Axon, Teradata

Simon Axon, global financial services industry director at Teradata, explains how general insurance providers are lagging behind banks in making the most of their data and why Amazon’s style of operating should inspire boards to back investment in digital transformation.

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