Navigating Insurtech: Opportunities and Challenges in Digital Insurance
by: Janthana Kaenprakhamroy (Author)
Publisher:Kogan Page
Publication Date: 3 May 2024
Language:English
Print Length:320 pages
ISBN-10:139861534X
ISBN-13:9781398615342
Book Description
Navigating Insurtech demystifies the insurtech ecosystem, providing readers with a comprehensive understanding of the industry and its key players, components, challenges and opportunities. The insurtech landscape is highly complex and constantly evolving, making it difficult to fully understand its opportunities and challenges. Yet insurance companies that fail to evolve and grasp advancements in insurtech could risk major growth opportunities losing market share and suffering reputational damage. This book provides practical guidance for insurance companies looking to implement insurtech solutions, supported by real-life case studies, insights and interviews from industry leaders and experts. It examines key developments, such as customer experience, risk management, distribution channels and transformative technologies including blockchain, IoT and AI. It also provides the perspectives of capital providers, offering insights into successful insurtech investments, opportunities and challenges of investing in insurtech startups.To succeed in insurtech, organizations must have a deep understanding of the industry and the technologies involved, as well as the ability to build strong partnerships with other players in this constantly evolving ecosystem. Navigating Insurtechis an essential read for not only insurance and insurtech professionals, but also investors and anyone else interested in the developments of insurtech.
About the Author
Navigating Insurtech demystifies the insurtech ecosystem, providing readers with a comprehensive understanding of the industry and its key players, components, challenges and opportunities. The insurtech landscape is highly complex and constantly evolving, making it difficult to fully understand its opportunities and challenges. Yet insurance companies that fail to evolve and grasp advancements in insurtech could risk major growth opportunities losing market share and suffering reputational damage. This book provides practical guidance for insurance companies looking to implement insurtech solutions, supported by real-life case studies, insights and interviews from industry leaders and experts. It examines key developments, such as customer experience, risk management, distribution channels and transformative technologies including blockchain, IoT and AI. It also provides the perspectives of capital providers, offering insights into successful insurtech investments, opportunities and challenges of investing in insurtech startups.To succeed in insurtech, organizations must have a deep understanding of the industry and the technologies involved, as well as the ability to build strong partnerships with other players in this constantly evolving ecosystem. Navigating Insurtechis an essential read for not only insurance and insurtech professionals, but also investors and anyone else interested in the developments of insurtech.
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