PriyaPatel
TLDR:
– Insurance industry is complicated and needs a makeover
– Insurtech companies blend insurance knowledge with technology like AI and data science
In a world full of uncertainty, protecting assets and loved ones is a key concern for everyone. However, navigating through the complexities of the insurance industry can be challenging. This is where insurtech companies come in, blending insurance knowledge with technology like AI and data science to simplify the industry and streamline the enrollment process.
Insurtech companies leverage technologies like AI and data science to reduce repetitive processes and tailor plan options to each customer’s needs, making the journey from inquiry to enrollment smoother. These companies have seen a steady rise in power as insurance companies focus on providing better experiences for their customers.
Insurtech investments hit a record high in 2021 globally, pointing to the growing importance of these companies. This article highlights 53 top insurtech companies that are making insurance more accessible and helping more Americans stay protected.
