The 5 Current Trends That Can Help Disrupt The Insurance Industry

The global insurance market is in the midst of a game-changing course correction that will re-define'business as usual.' A'digital first' urgency is sweeping across the landscape, driven by a new generation of consumers, data, automation and Artificial Intelligence (AI). Let's take a look at the current trends that are shaping the insurance industry and how digital technologies are driving irreversible change. The digital economy will make usage-based, on-demand and'all-in-one' insurance lifestyle products more relevant. Customers will prefer personalized insurance covers instead of the one-size-fits-all products currently available.