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Whitepaper: Quarterly InsurTech Briefing Q1 2017

Open-access content Friday 21st August 2020
Insurtech (c) Shutterstock

(c) Shutterstock

Why InsurTech? A Pressured Insurance Value Chain

By Andrew Sagon, Andrew Johnston and Matthew Wong

InsurTech is a burgeoning phenomenon that is modernising the insurance industry. It is disrupting the traditional value chain whereby insurers offer loss protection, and shifting the emphasis to risk mitigation. Incumbents face disintermediation as investors in search of higher yields pour money into insurance-linked instruments in the capital markets. And entrepreneurial businesses are targeting friction costs and inefficiencies within every aspect of the traditional value chain.

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This article was published as part of Predictions, the future-gazing thought leadership sub-brand of The Actuary covering emerging trends within the insurance, finance and actuarial sectors - you can find out more on the Predictions homepage.

 

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