There is hardly an insurer out there today who does not have an innovation team looking at new and emerging technologies: blockchain, the Internet of Things (IoT) and machine learning top the list.

Many insurers have dedicated teams for each of these areas. And yet, some are becoming disillusioned. They're beginning to wonder whether there's too much hype surrounding emerging technologies. They're growing skeptical about technology's actual impact.

Business-building tools

When you consider a toolbox, you may see several interesting options. But some tools will be impractical for the task at hand.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.