Insurers Need to Step up their Game

Know it or not; like it or not; we are in the midst of IR4 – the Fourth Industrial Revolution (IR4). And this is strictly a technology-based knowledge revolution that is disrupting almost every industry in the world, insurance included. Somehow the banks seem more prepared though InsurTech is gaining ground and insurance CEOs are beginning to get tech-savvy and some even tech-speak.

The legacy of the costliest year in NatCat losses terms