Insurance sector CIOs need to expand their market insight concerning the innovation and disruption potential of insurance technology startups (insurtechs) to complement their digital insurance strategies, according to Gartner, Inc.
According to Gartner research, 64 per cent of the world's 25 largest insurance companies have already invested directly or indirectly via their venture capital arms in insurtech startups.
Gartner predicts that 80 per cent of life and property & casualty (P&C) insurers worldwide will partner with or acquire insurtechs to secure their competitive positions by the end of 2018.
Speaking at Gartner Symposium/ITxpo in Australia today, Juergen Weiss, managing vice
According to Gartner research, 64 per cent of the world's 25 largest insurance companies have already invested directly or indirectly via their venture capital arms in insurtech startups.
Gartner predicts that 80 per cent of life and property & casualty (P&C) insurers worldwide will partner with or acquire insurtechs to secure their competitive positions by the end of 2018.
Speaking at Gartner Symposium/ITxpo in Australia today, Juergen Weiss, managing vice
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