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Digital Revolution in Insurance: Embracing AI and Embedded Insurance
The insurance sector is undergoing a major transformation. The emergence and development of new technologies is transforming the insurance industry and disrupting the existing ecosystem. This has led to the development of new innovative business models (InsurTechs) which put technology at the heart of their processes and have now reached a new level of maturity.
This digital revolution is not limited to the emergence of InsurTechs, but
concerns the whole industry which builds on new possibilities offered by technologies such as artificial intelligence (AI), to launch new products and consider different investment strategies.
But the emergence of innovative InsurTechs alongside traditional incumbent (and sometimes long-established) insurance undertakings may also create new challenges in terms of partnership and collaboration.
On Tuesday 28 February, DLA Piper in collaboration with The Fintech Times will host asession on The Digital Revolution in the Insurance Industry. During this session, we will explore: New methods of insurance distribution opportunities and challenges of partnership models considerations from a legal, tech and outsourcing perspective the latest regulatory trends concerning InsurTech and AI. The session will be followed by an interactive Q&A session between the speakers and audience.