Whether insurers can successfully mine InsurTech treasures and forge them into something useful will depend on how well organized they are in formulating and executing a comprehensive strategy to develop and integrate new technologies across their organization. InsurTech is helping drive change and move the market closer to realizing its vision of an industry where technology delivers automation and predictive science helps insurance companies and consumers make better decisions. (Photo: Shutterstock)

Innovations that will shape the future of the property and casualty insurance industry are found at the bleeding edge of technology.

Today, that edge is artificial intelligence (AI) and the data analytics used to reduce risk, and better yet, predict the future with rising precision.

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