66% of insurers agree that big data is enabling non-traditional providers to move into the industry. Download PDF.
66% of insurers agree that big data is enabling non-traditional providers to move into the industry. Download PDF.
Insurance companies need to add value in the competitive, connected and data-driven world of online products and services, all amid increased security risks and regulation.
New competitors are disrupting the industry by introducing digitally-driven business models that offer consumers new levels of personalization and choice. Established firms are now competing with cost and value comparison websites, non-conventional purchasing models, mobile/social products and customer services.
Key industry trends include:
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