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Insurers are increasingly investing in the AssurTech

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Magazine Issue: 
Insurers, up against fraud [3]
Magazine date: 
May 2017
According to the consultancy firm Accenture, insurers have heavily invested in young enterprises that provide innovative insurance or brokerage services.
Photo credit : Mediamodifier/Pixabay

These start-ups, well-known under the label AssurTech, account for 44% of the total investments in 2016 for the amount of 711 million USD, compared to just 10% in 2015.

Insurers favor three areas of intervention namely Big Data, Artificial Intelligence [4] (AI) and Internet of Things (IoT).

Thu, 08/06/2017 - 14:35

Source URL: https://www.atlas-mag.net/en/article/insurers-are-increasingly-investing-in-the-assurtech

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[3] https://www.atlas-mag.net/en/issue/insurers-up-against-fraud
[4] https://www.atlas-mag.net/en/article/artificial-intelligence-and-the-insurance-industry