Posts in insurance:
You’ve probably heard of the Internet of Things (IoT) even if you only have a passing interest in new technology. However, for those that haven’t, it’s essentially a system of interconnected ‘things’ or devices, which are able to send each other information without human instruction. ‘Things’ is quite a loose...
Pokemon Go has taken the world by storm. It’s already one of the biggest apps of all time, exceeding Candy Crush Saga in terms of downloads and approaching Snapchat and Google Map’s daily user-base. However, it’s open-world gameplay is causing a huge amount of unpredictable problems.
If you’ve even spent just a little time on this blog over the past few weeks then you would have read a lot about financial technology (FinTech) and how it’s going to change the way that we interact with consumer financial services, such as commercial banks or money transfers.
Insurtech is the exciting fusion of insurance and technology and is essentially one branch of the big financial technology tree. However, given the complex nature of the insurance industry it’s clear that there it’s in desperate need of an upgrade via healthy dose of technological innovation.
While you’ve no doubt heard about the growing and successful union of Finance and Technology, with fintech now fully incorporated into the everyday lexicon. However, what you’re unlikely to have heard about is the emergence of Insurance and Technology or insurtech as the cool kids are calling it.