It's hard to think of an industry that hasn't experienced at least some disruption by digital innovators.
Customer habits are changing, the way customers consume products and services are changing and traditional barriers for new companies to disrupt existing business models have fallen. In particular, the banking industry has been feeling the pressure from the financial technology sector. Are we about to see the same transformation in insurance?
Changing driving behavior requires new ways of thinking about Auto insurance. Farmer's and Geico have policies that fill rideshare gaps in several states, and startup insurance companies are stepping in to fill the gap.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
