INSURTECH – Moving forward faster

Insurtech is a hot topic.

Every insurance research paper published tells us that change, innovation and sometimes even the survival of our businesses depend on technology.

We all know the industry needs it, but are we perfectly primed for this disruption? In an industry serving millions of customers with numerous policies, technology plays an essential role in managing the comprehensive insurance process, enabling customers to effectively transfer their risks when necessary.

The benefits are clear, but the insurance sector is nuanced.

It’s time to consider what’s out there, the immense benefits insurance technology can offer, and the unique challenges that improved efficiencies can present in other parts of the pipeline.

Leaning into new technology is key for insurance companies seeking to distinguish themselves in a changing sector in terms of service, pricing, offerings and reputation in a digital landscape.

Insurance News is delighted to partner with Insurtech Australia to identify emerging insurtech businesses solving problems within General Insurance using innovative and emerging technologies including artificial intelligence, machine learning and data analytics.

Insurtechs can be solving problems anywhere along the General Insurance value chain from distribution, underwriting, risk management and through to claims.

Finalists will be selected and given the opportunity to pitch live at the conference in Sydney on Tues 6th August.

Votes from the public and a panel of esteemed judges will be tallied on the day to appoint a winner.

The winner will receive a prize package from Insurance News including a promotional feature of their business.