Machine learning/blockchain to power InsurTech revolution -

InsurTech platform revenues will reach almost $235 billion globally by 2021, up 34% y-o-y from an estimated $175 billion this year. According to Juniper Research, this will be driven by a combination of factors including: Machine learning investments enabling insurance providers to personalise products; Insurers deploying mobile apps to improve their customer experience; Investments in blockchain technologies to underpin smart contracts.