Search
 
Commentary

InsurTech takes aim at personal lines distribution

It's important to recognize that creating seamless and transparent personal lines sales and service transactions between agents and brokers and insurers is critical.

By Karen Pauli | Updated on December 26, 2016
SMA research indicates that 30 percent of the approximately 600 InsurTech startups being tracked are focused on disrupting and displacing conventional distribution channels. (Photo: iStock)

If you have gone three days without seeing the term “InsurTech,” well, you are probably on a remote Caribbean island with no means of connecting to the outside insurance world.

And putting your head in the sand on some nice island might sound tempting, because InsurTech is exciting, but terrifying — simultaneously. Some may feel InsurTech is over-hyped, but that belief is probably more denial than anything else.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.