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Tag: insurtech
Innovating across the insurance value chain with insurtechs
Insurtechs are a relatively new area of development in the insurance industry. McKinsey defines insurtechs as tech-driven insurance companies that use modern technologies to provide coverage or to reinvent business systems. As explained by Investopedia, these companies can “include ultra-customized policies, social insurance, and using new data streams from internet-enabled devices to dynamically price premiums.” […]