The Digital Insurance Imperative: Go Digital Or Go Bust

The Digital Insurance Imperative: Go Digital Or Go Bust

The bedrock of the insurance industry is quaking. For decades, large North American insurers got bigger by dominating distribution and methodically mastering information technology. Β But the confluence of changing customer demands, hundreds of insuretech startups and non-traditional competitors sniffing around the business of insurance is messing up the long-standing insurance equilibrium. Β Insurance carriers–and their agents and brokers–must go digital or go bust. Β 

During the second half of 2016, my fellow Forrester analyst, Oliwia Berdak and I interviewed digital business strategy executives with traditional insurers and hot startups around the globe to get their take on the role that digital will play in the business of insurance over the coming decade. Β What were the big takeaways from our conversations? Β Consider that:

http://blogs.forrester.com/ellen_carney/17-04-26-the_digital_insurance_imperative_go_digital_or_go_bust


Source: DRJ New feed

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