Incumbent-InsurTech Collaboration

Incumbent-InsurTech collaboration can shore up competencies in preparation for the marketplace of the future. Finding a partner that can address technology capability gaps may require specialized third-party support.

Incumbents and InsurTechs with similar business objectives should collaborate closely to help ensure their fit within the insurance marketplace of the future. Collaboration drives growth, improves business processes, and transforms the customer experience.

 

 

 

Key capabilities insurers can acquire by collaborating with InsurTechs, insurers’ vs InsurTechs’ view (%), 2019

 

World InsurTech Report 2019

The World InsurTech Report (WITR) 2019 from Capgemini and Efma explores the Insurance marketplace of the future and offers insights into how established insurers and InsurTechs can remain competitive in a dynamic business environment.

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