Unbundling and re-bundling cover

Traditional distribution models within general insurance are changing quickly and moving to insurance becoming much more of a part of ecosystems with third party distributors. "These may be e-commerce, or travel, or mobility, or all sorts of insurance purchased in the context of everyday life," said Boston Consulting Group managing director and senior partner Anupam Sahay during yesterday's InsurTech panel.

Equally, the back end and technical side of pricing, underwriting and claims fraud are all areas that lend themselves to technological advancement, both from the standpoint of streamlining process and of using data.