InsurTech Futures: 86% of insurers worried about losing revenue to start-ups, says PwC

PwC says insurers' perception of InsurTech has changed over the last year. More than half of insurers (56%) are worried that up to 20% of their revenue is at risk to InsurTech start-ups, according to PwC’s 2017 Global Fintech survey. The report showed 10% believe that more than 40% of business could be lost.