Digital transformation has disrupted almost all sectors, and insurance is not an exception. The latest trends in the digital transformation space applicable to insurance companies is the increasing thrust on omnichannel engagement, the soaring popularity of self-service dashboards, automation entrenching itself, Artificial Intelligence infused dynamics, IoT unlocking new possibilities, the emergence of Insurance-as-a-Service (IaaS), Big Data facilitating deep personalization, drones, and satellites promoting hyper-efficiency, and the promising potential of blockchain.
Read this white paper to understand 10 prominent digital trends in the insurance sector.