The Insurtech Paradox: AI Fuels Boom, Yet Tradition Holds Strong
https://www.globenewswire.com/ and Ender Turing

The Insurtech Paradox: AI Fuels Boom, Yet Tradition Holds Strong

While AI propels the Insurtech market toward a staggering $133 billion valuation (36% CAGR), a new report reveals a fascinating paradox.

Despite the digital rush, on-premises solutions maintain dominance (prioritizing security), and human brokers/agents still command over 60% market share.

This highlights a crucial balancing act for leaders: leveraging AI's power while respecting the enduring value of security infrastructure and expert human guidance in the insurance landscape. Food for thought on navigating real-world integration.

The link to the complete report is in the first comment.

Larisa Zelinskaya

Head of Customer Experience & Services Department at UNIQA Ukraine

3mo

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Ievgen Iosifov, PhD

I help you fully automate Marketing function - Angel Investor, Co-Founder at Ender Turing & AiCMO | GenAI for Marketing & Communications

3mo

Very informative, thank you for article.

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