With $5 Trillion in premiums, an incredibly low level of customer satisfaction, aging infrastructures, an analytically based – high volume business model, and a “wait until we have to” approach to innovation, insurance is now fully in the sights of the most disruptively innovative engine on the planet, Silicon Valley.
Insurance’s Digital Tipping Point: Silicon Valley
With $5 Trillion in premiums, an incredibly low level of customer satisfaction, aging infrastructures, an analytically based – high volume business model, and a “wait until we have to” approach to innovation, insurance is now fully in the sights of the most disruptively innovative engine on the planet, Silicon Valley.