InsurTechs leveraging significant capital inflows to fuel innovation

PARIS, FRANCE: InsurTechs and BigTech players are leveraging significant capital inflows to boost technological development and fuel innovation, turning up the heat on incumbent insurers. Capgemini and Efma’s World InsurTech Report 2021 was published on Thursday. New age digital players are offering greater personalization and emphasis on customer experience, thus achieving maturity and customer adoption. In response, incumbents…