Insurance Business UK
Insurers vs insurtechs – how do they measure up?
There can be little doubt that COVID-19 has accelerated the move to a digital-first society, forcing many more traditional organisations to fast-track their data and digitisation journeys. According to Hugh Pelling, senior account director at the intelligent automation services provider Blue Prism, the crisis has highlighted the digital divide between traditional insurance firms and their more agile and tech-driven insurtech counterparts.