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Insurance technology, or InsurTech as many know it, is changing the insurance industry — whether it is ready for the transformation or not.

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InsurTech

It’s probably a bit presumptuous to liken the InsurTech startup movement to Hamlet’s famous “To Be or Not to Be” soliloquy. It is, after all, a well-known and historical Shakespearean reference.

However, the similarity is in the questions asked, and such a question has probably been asked prior to many defining moments. And just as Hamlet pondered many questions, there are many questions that revolve around the state of the InsurTech movement.

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