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Insurancetech - Remodelling The Insurance Landscape
New players in the insurance industry have already started using technology to create new products and services. The established companies are in the process of making the transformations in digitalizing their functioning. It is a wake-up call for these companies to tie their laces and catch up with the trends lest they lose the race or trail behind.
However, considering customer preferences and comfort, many players are considering a hybrid model of operations for the present. Nevertheless, the competition would be tough. Technology is moving at lightning speed in the insurance sector that will open floodgates of opportunities for the new entrants and existential threats to the new players.
Gauging the pulse of the trends, some insurance companies have started introducing technology in their operations, functioning, products, and services. Insurance tech companies are assisting insurance companies in accelerating digitization. With automation, things are being simplified for both the insurers and the customers.
We selected a few insurance tech companies that are helping insurers grow in scaling their ...
... businesses and products. These companies are constantly making innovations in their products and services. Our business magazine featured them in our latest edition of Insights Success- “India's Most Innovative Insurance Tech Companies.” Read about their exciting foray into the insurance technology space, the trends in technology, disruptive innovations, and the future of insurance tech.
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