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Emerging tech in P&C insurance: It’s not about the technology

All P&C insurers, across all lines, need to be actively following emerging tech developments and thinking about the implications for business strategy.

By Mark Breading | Updated on December 22, 2017
The key is in understanding which areas of the business have the potential to leverage various technologies, and how rapidly (or slowly) the adoption of each technology is likely to occur. (Image: Shutterstock)

Insurers are acutely aware that a whole host of emerging technologies are poised to change the industry, in some cases, very dramatically.

It’s both exciting and scary for industry executives to contemplate the implications of driverless vehicles, artificial intelligence, the Internet of Things, wearables, and many other important technologies. It’s also easy to get wrapped up in the technology.

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Mark Breading

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