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A number of smaller players are driving digital disruption in insurance—a transformation that the industry desperately needs. They are using "InsurTech," or new ways of harnessing technology. In fact, in the last five years alone, approximately $16 billion has been invested externally in insurtech, and according to GCA Global, by 2019 total insurtech spending will surpass $50 billion.
Digital disruption in insurance:ONGOING EVOLUTION OF INSURANCE
The on-demand talent market is frequently the ideal solution, especially for sectors that struggle to draw in the most innovative digital talent. BTG's independent insurance consultants are in a great position to assist traditional insurers in developing a more strategic response to the insurance industry's digital upheaval and positioning themselves for expansion. To find out more, contact us.
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