Insurtech 2.0: Faster, smarter, modernizing insurance industry with tech upgrades.

April 5, 2024
1 min read


Key Points:

  • “Insurtech 2.0” is an evolution rather than disruption in the insurance industry.
  • Data management and AI are key components of Insurtech 2.0.

Insurtech 2.0 is a three-part series that explores the evolution of technology in the insurance industry. The concept of Insurtech 2.0 focuses on the gradual progress and development of technology rather than disruptive changes. AI is expected to play a crucial role in this evolution, but experts emphasize the importance of basing advancements in data management.

One key area of focus for Insurtech 2.0 is claims and underwriting functions. Experts believe that these areas offer the greatest potential for innovation and improvement through technological advances. By focusing on these core functions, Insurtech 2.0 aims to enhance customer experience and drive growth in the insurance industry.

Overall, Insurtech 2.0 represents a shift towards utilizing technology to improve traditional insurance processes and enhance overall efficiency and effectiveness within the industry.

Latest from Blog

Your Daily InsurTech Briefing – 2024-05-24

Let’s see what’s in the news today. Briefing: Two Insurtech 50 firms collapse amid continued investor … ‘Investors are becoming more democratic in their funding allocations,’ says global head of insurtech Read

Clara Analytics broadens insurance lineup.

CLARA Analytics Article Summary TLDR: CLARA Analytics, a leading AI technology provider for insurance claims optimization, has appointed Wayne Chung as CTO and Mark Tainton as Chief Customer Officer. Chung brings cybersecurity

Your Daily InsurTech Briefing – 2024-05-23

Let’s see what’s in the news today. Earnix and Exavalu partner to revolutionise property & casualty insurance pricing Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial