Digital Ecosystems are maturing at a rapid rate across multiple industries. The impact they will have on insurance and its business models is profound. While insurance is behind, there are some early examples from China’s Digital Insurance Leaders ZongAn and PingAn. Their ecosystems provide customers with interoperable and blended solutions that include insurance, banking, and other services. Solutions with a very different business, product, distribution, and customer engagement models. Models that exponentially increase the options and the reach of those who deploy them and that will forever change insurance.
