Speaker(s): Frank Genheimer
Thanks to several issues on different levels, insurance business is in a transition process. This transformation is no ordinary evolution because it already becomes apparent that the magnitude of change is bigger and the speed, at which the change will move through the industry, will be significantly higher than ever before. It will be a fundamental change or at least a revolution. In this conflict situation, the technology movement steps into the market of insurance services. Present challenges and opportunities of insurance business offer a promising target for FinTech & friends – from back-office to front office. Technology will fuel this transformation in insurance business.