How insurtech is disrupting the traditional insurance model:
Insurtech has been experiencing turbulence with new technologies entering the market. Now, the global insurtech market is expected to grow at a CAGR of 52.7% by 2030, marking this shift to digital transformation. This is a way for insurance companies to innovate new products and ensure seamless customer communication. Why? Customer expectations are rising at an unprecedented rate because of new trends. Recent research found that 74% of insurance customers today want to interact digitally. Also Read: Increase in Marine Insurance Risks At the same time, companies already using technologies such as artificial intelligence, the Internet of Things or robotic process automation in insurance services say the cost of processing claims and underwriting experience has been reduced to 30-50%, indicating the potential for change. This blog outlines the key trends in InsurTech transforming the insurance industry: Five insurance technology advancements in 2025 The insurance industry has long been a pillar of economic progress and growth, and today, technology remains a…
Explore the latest exhibition information and industry trends at ASAP Expo Magazine. Your one-stop platform, bringing together global exhibition highlights, industry trends and in-depth analysis, to help companies accurately connect with the market and seize business opportunities.
Türkiye Istanbul Solar Photovoltaic Exhibition 2025 Exhibition Guide (Time & Venue + Ticket Booking)
