Products Catalogs & Keywords:
Advanced insurance technology is already an integral part of the Property & Casualty industry, for both carriers and insureds. Getting insurance quotes can be as easy as clicking a button, managing coverage can typically be accomplished via a mobile app, and paper insurance cards are mostly a thing of the past.
Going by the trends in the industry, there are four technologies to watch out for that are transforming the way the insurance industry functions and are likely to disrupt the sector even further in the coming years.
1. Big data and analytics
2. Machine learning, artificial intelligence and robotic process automation
3. Data explosion from connected devices: IoT Technology
4. New IT architecture like blockchain
Also, If you want to know more about technology trends and Technology innovation in the insurance industry, visit our website.
Visit Us: - Technology innovation in the insurance industry