As per our recent CIO Survey, 58% of insurance respondents reported that the pandemic has sparked an increase in funding of digital innovation through 2025.
Insurance CIOs must become the primary advisors within their enterprises on how digital strategy and innovation can generate quantifiable value.
This research can help CIOs determine the impact that insurtechs have made on the insurance industry and how those trends will play out in the long term. Three top tech trends that will have the most significant impact on incumbent insurers for 2025 are:
- New entrants break the old model
- Digitally enabled CX is a success factor
- Threats stabilize over time
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