The insurance industry is having to adapt and change, incumbents are accelerating their digital transformation but disruptors have been finding a way in and business is at risk to innovators.

The Insurtech market continues to grow – according to CB Insights “Global insurtech funding is shattering previous records. In the first half of 2021, insurtechs raised $7.4B — surpassing the $7.1B raised for all of 2020 by more than $300M.”

Insurtech Accelerate is a two day, must attend, think tank and knowledge sharing event about innovation,

disruption and transformation.

In addition to the new kids on the block the insurance industry is also facing the following challenges.

• Increased customer experience expectation
• Regulatory changes and the costs of compliance
• Legacy systems
• Covid 19 losses
• Heightened cyber risks
• New market entrants
• Data & AI opportunities

To innovate with speed and confidence, organisations need to address all the above with integrated solutions.

Insurtech Accelerate will attract an audience of senior insurance and financial services executives, start-ups, scale-ups, investors for two intense days of collaboration, networking and learning to prepare their organisations for the future and embrace the disruptive nature of Insurtech.

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Find out more related events from GRC World Forums.