InsurTech Futures: Insurers fear losing business to InsurTech start-ups
Source: Insurance Age
Insurers are worried they could lose up to a fifth of business to FinTech start-ups.
Almost half of insurers are worried that up to 20 percent of business could be lost to FinTech or InsurTech start-ups in the next five years. A survey by PwC revealed that 68% of firms surveyed…