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The Actuary The magazine of the Institute & Faculty of Actuaries

SME insurance market set for digital transformation

Small firms are increasingly looking to interact with insurers online, suggesting the market is set to experience a similar digital transformation to the one seen for personal insurance.

SMEs to buy insurance online ┬ęShutterstock
SMEs to buy insurance online ©Shutterstock

That is according to new research by PwC, which shows over a third of small British firms would be willing to use sensor technologies to bring down premiums. Read the full article on our Predictions site here