Like every other Industry the number-one priority for insurance carriers today is profitable growth
and one of the most effective ways to enable this growth is through the use of innovative
technologies, but embracing any technology could lead to even greater threat than not adopting to
any. There is plenty happening around the digital technologies in insurance sector but selecting the
right technology at right time remains critical for every Insurance carrier.
These digital technologies are bringing opportunities for existing players to expand their business
portfolio and it also gives opportunities for new players to enter in traditional business line via
innovating ways.
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