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Insurtech C-Suite Survey

29.08.18 AdvantageGo

According to a global survey of insurance and reinsurance executives, upgrading technology is the number one concern for senior industry professionals. As a strategy to get their businesses up to date with the latest InsurTech developments, only one-third of the respondents are developing initiatives in-house, while more than half are not.

Our survey, which included 30 C-suite insurance and reinsurance industry executives in North America, London and Switzerland identified that the need to upgrade technology is a concern shared across the industry. But how does out of date InsurTech affect your business?

The five top concerns of industry leaders are:

  • Need to upgrade technology
  • Underwriting discipline
  • Regulation
  • Cybersecurity
  • Mergers and acquisitions

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