2017 will see InsurTech make its mark but attracting talent could be a challenge, says KPMG

Commenting on the outlook for InsurTech in 2017, Murray Raisbeck, Head of Insurance Technology, KPMG says: “People have been talking about FinTech for several years but in 2016 the term ‘InsurTech’ also started to gain traction. In our annual list of the top 100 FinTech companies globally, the presence of insurance start-ups almost doubled compared to 2015. “This trend will continue through 2017 and as a result we will see an increasing number of experienced senior figures move from traditional insurance into more nimble, fast growing InsurTech businesses.