Insurance premiums generated by emerging InsurTech services are forecasted to exceed $400 billion by 2023, up from an estimated $187 billion in 2018. (Photo: Shutterstock)
InsurTech. It's everywhere. It's inescapable. It's all-consuming. But… is it actually innovating?
What emerged as a brow-furrowing buzzword just a couple of years ago — back when the debate still raged over whether it should be spelled "insuretech" or "insurtech" —is now a sizeable industry.
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