This article is the second in a series discussing insurtech and its impact on commercial and personal insurance programs and risk management analysis. We previously discussed how insurtech consists of technology-enabled innovations and disruptions in all aspects of the insurance value chain – including marketing, distribution, product design, underwriting, claims, and balance-sheet management. This piece focuses on the field known as “big data.” This article describes what big data is and its impact on the insurance industry and consumers.
Premium Content For:
- Tort Trial and Insurance Practice Section