This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.

Mike Daly

| less than a minute read

Disruptive technologies without disruption.

Complements my article last week "Fintech- Destructive disruption or constructive evolution?" 

Many of the "disruptive technologies" are aimed at improving inefficiencies, bridging gaps and jumping barriers.

The new technologies that don't throw the baby out with the bath water but achieve the holy trinity of:-

  1. Speeding up work flows and processes
  2. Reducing transaction and processing costs
  3. Increasing customer experience and satisfaction 

360Globalnet 

is a shining example 

Furthermore, judging by the track record in the “sister” Fintech, the probability of an industry enhancement scenario is a much more likely for insurance, at least in the next few years. It does mean that startups need to more actively explore collaboration opportunities with the industry players and vice versa.

Tags

insurance, finance, banking, insurtech, fintech