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8 Traits of next generation insurers and how traditional insurers are holding themselves back

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<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">The insurance industry is at a tipping point. A next generation of insurer is emerging, disrupting traditional business models. Their approach is different: instead of looking in the rear-view mirror for how things have been done before, they are looking forward, breaking down the core elements of insurance and reinventing them from scratch. Shedding the constraints of legacy systems that inhibit the real innovation, these challenger brands are building future-proof business systems that will adapt to the changing industry dynamics. They also look beyond their own four walls to identify and provide products and services that resonate with today's digital consumer.</abstract>
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