One look at the current insurance industry landscape is all you need to know that technology plays an integral role in this field. However, the degree to which it is utilized can vary considerably. On one end, traditional, older companies embrace it to the level needed in today's world but often don't go beyond the point where they are comfortable; on the other end, InsurTechs and other emerging companies are more or less centered around technology as they look to modernize the industry to meet the demands and expectations of consumers. Then there are the companies that land somewhere in the middle. Regardless, one thing applies to companies using technology to varying degrees: technology trends impacting insurance will continue to shape 2020 and beyond. While the trends listed in our slideshow above have been relevant to insurance for some time, they continue to be worth monitoring, because the industry will never overhaul itself overnight; slow and steady change is the name of the game in insurance, meaning these five technology trends will continue to incrementally change how insurance professionals and companies conduct business in the future. With this in mind, explore our slideshow to read up on the five technology trends that the Board of Innovation is keeping an eye on in 2020. Related: |

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