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The Future of insurance : digitization

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<title>Future of insurance</title>
<subTitle>: digitization</subTitle>
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<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20160003727">
<namePart>Business Insider Intelligence</namePart>
<nameIdentifier>MAPA20160003727</nameIdentifier>
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<place>
<placeTerm type="code" authority="marccountry">usa</placeTerm>
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<issuance>monographic</issuance>
<place>
<placeTerm type="text">New York]</placeTerm>
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<publisher>Business Insider Intelligence</publisher>
<dateIssued>2020</dateIssued>
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<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
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<extent>14 p.</extent>
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<abstract displayLabel="Summary">Insurers have long lagged behind other industries when it comes to digital capabilities, and they know it, but industry disruption is nearing a tipping point, where incumbents either catch up or fall off. Several forces of change are driving legacy insurers to digitally transform. The biggest catalyst for change is competition. Competition between incumbents is becoming fiercer, as a concentration of large premiums in the hands of fewer players has left the rest to fight for scraps and while the pandemic has put a damper on fundin, upstarts are still posing a big threat to industry leaders. To combat these threats in the near term, we expect insurers will focus less on building in-house, and more on buying and partnering.</abstract>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586294">
<topic>Mercado de seguros</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080586546">
<topic>Nuevas tecnologías</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080568641">
<topic>Digitalización</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611880">
<topic>Perspectivas del seguro</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080590567">
<topic>Empresas de seguros</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20170006503">
<topic>Transformación digital</topic>
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