The insurance industry is unpopular but profitable, while also largely reliant on legacy technology
Disruption of established ideas and industries is en vogue at the moment, particularly in the US. There can be resistance to this disruption where there is popular support of the disrupted organisation or processes, but the insurance sector across the globe finds itself in a precipitious position.
Potential disruptors with deep pockets and experience are looking at insurance and licking their lips – and their first forays have already begun.
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