InsurTech Center

Mobility ecosystems and the opportunity for insurers

The insurance industry must change in step with transportation trends, which can translate into tremendous opportunity for the sector.

By Dr. Evangelos Avramakis | July 15, 2019 at 09:30 AM

Mobility ecosystems present an opportunity for insurers to step up and catch up when it comes to technology. Here, customers wait for their rides beneath a Rideshare pick-up sign at Chicago’s Midway airport. (Diego M. Radzinschi/ALM Media)

Mobility expansion across land, sea and air has resulted in large-scale and widespread growth, but the trajectory is changing. While insuring the transportation risks of people and goods has been at the heart of our industry for centuries, mobility ecosystems rapidly evolve.

The insurance industry must change in step with transportation trends, which can translate into tremendous opportunity for the sector.

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