Top Mega-Trends With Big Implications - Insurance Thought Leadership

To paraphrase George Orwell's quote from Animal Farm, "All technologies are equal, but some technologies are more equal than others." It used to be common to say that "technology is marching forward, improving business and society." But today, it would be more accurate to say that technology is sprinting forward – with progress at breakneck speed and breakthroughs happening in multiple fields on a regular basis. There are so many technologies – some new, some just emerging – that is it virtually impossible to track the progress of all of them, let alone explore all their implications. This may put insurers in an uncomfortable position.