InsurTech Futures: Rise in start-ups coming in from adjacent industries
Research from Startupbootcamp and PwC reveals rapid evolution in the InsurTech arena.
The narrative surrounding InsurTech has shifted towards working together to take the insurance industry forward, according to research by Startupbootcamp InsurTech (SBC) and PwC.
SBC stated that InsurTech has evolved rapidly over the last three years, from a debate focused on how start-ups would disrupt the incumbent insurance sector to one emphasising collaboration.
Start-ups and insurers have moved towards looking at how to combine the former’s technology with the latter’s customer knowledge
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