Major insurance players like State Farm, Allstate and Nationwide have dedicated funding to acquisitions of insurtech companies and/or investments in insurtech startups. (Photo: Oulaphone/Adobe Stock)
It didn't take long at all for technology to raise the stakes on insurance providers' customer experience. Consider this: The ability to file an automotive claim with a smartphone camera, which was the stuff of fantasy not long ago, is now nearly ubiquitous across top carriers.
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