SMA Strategy Meets Action (SMA), an insurance industry analyst firm, announced the availability of a new report that explores major technology trends and new types of opportunities for insurers that will evolve over the next decade. “Insight on the Future of Insurance: Looking at Technology through the Long Lens,” is part of the SMA Strategic Insights research series.

(For more interesting thoughts from SMA, click here and here.)

Information and communication technologies (ICT) are advancing at an astounding pace and combining to create a powerful force for transformation. Coupled with scientific developments in areas such as nanotechnology, biotechnology, robotics, genomics, and alternative energy, the impact promises to drive staggering change in the world of insurance. As ICT and scientific advances become more sophisticated and pervasive, new risks will arise and new opportunities for products, channels, and business models will unfold.

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