The World Insurance Report 2018 from Capgemini and Efma underscores the need to enhance technologies so that market shifts and customer expectations evolve.

The insurance industry is yet another industry being disrupted by technology in some of the most innovative ways. According to a recent study, the operating InsurTech models are poised to experience explosive growth, upwards of $375 Billion U.S. dollars in the upcoming years.

As with most new models, technology is a key enabler to this trend. Artificial Intelligence (AI), chatbots and image recognition are helping insurance companies to serve their new prospects and existing customers in a more holistic way. The process is becoming effortless and more user-friendly. Emerging models are helping to shrink costs while providing highly personalized services and products beneficial to both insurers and customers.

The Insurance industry is seeing a broader spectrum of software solutions, including blockchain technology used to process claim automation. Claims management software reduces manual workflow, reducing labor costs and overall lending to much more cost-effective process. The combination of disruptive and foundational technology will help in increasing efficiency and promote growth.

All of these Digital technologies like AI, Blockchain, and IoT are bringing disruptive trends to insurance companies. InsurTech is growing fast, allowing insurance carriers to build better customer experience and boost operational efficiency.

To keep updated on the new trends, get insights and develop the skills required to stay at the top of the InsurTech industry there are 40+ workshops and conferences in the United States.

Below I am listing down a major Insurtech Conference that will take place in San Francisco on June 18-19 of 2019.

Insurtech Fusion Summit - 2019

Rise of Digital Insurance Industry - LIFE, WEALTH, HEALTHC and P&C 2.0

Get Answers to Critical Strategic Questions

You will get answers to the most asked questions like how is Big Data, IoT, AI and Blockchain currently being used and how it will shape the future of Insurance? How will customer journey/customer engagement look like in the coming years?

Meeting App for networking:

SVIA provides Brella Meeting App to set up 1:1 meeting before you arrive. End of the first day includes Cocktail Reception with Speakers, Startups, and all Attendees.

Workshops for better skill development

You’ll gain insights from presentations, case studies, and hands-on experience. Workshops provide hands-on with some of the technologies and business/marketing strategies for implementations.