6 Tech Trends Insurance Leaders Need to Understand for 2022 and Beyond

No longer slow to adapt, the insurance industry has experienced significant digital transformation over the past few years. The coronavirus pandemic, increased competition from insurtechs and big tech, continuing pressure for operational efficiency, and soaring customer expectations have driven insurers to expedite their digital transformation initiatives.

Insurance companies are reimagining everything from their products and business models to their people and partnerships. To keep pace with agile newcomers that were born digital, insurance companies must predict, utilize and optimize digital technologies to transform all phases of the insurance lifecycle. We see six key tech-driven trends that will reshape the insurance industry in 2022 and beyond.