Emerging Technologies

Smart devices often represent the most vulnerable point on any given network, exposing customers and insurers alike to potential risks.

Quarterly growth for Lemonade, Metromile and Root was the slowest ever, but all three paid out in claims less than they collected in premium.

The massive increase in speed and the number of connected devices that respond seemingly instantly will bring important innovations.

Innovation is moving into a phase, where insurtechs and incumbents are finally working together rather than circling each other warily.

Companies often spend months creating bots that deliver little real efficiency because they don't reengineer the overall process.

As technology continues to embed itself within the insurance process, the line between established insurers and insurtech startups will blur.

2019 will see many technology trends continue but with key modifications to increase focus on business transformation and value.

Innovators are exploring the frontier of insurance through smart investments, creative problem solving and new products and services.