China May Be Poised to Outpace U.S., Europe in Insurtech Innovation
Without legacy systems to drag down their efforts, companies in emerging market—and China, in particular – may be poised to outpace U.S. and European counterparts developing insurtech innovations.
Unencumbered by legacy systems, technology innovators in emerging markets are often able to create new solutions faster, Willis Towers Watson suggests in its Quarterly InsurTech Briefing for the third-quarter 2017, published by the global advisory and brokerage firm in collaboration with CB Insights.
