Security News > 2017 > April > The rise of InsurTech: How young startups influence a mature industry (Help Net Security)

Artificial intelligence (AI) and the Internet of Things (IoT) now account for almost half of total investment in insurance technology (InsurTech) startups globally, according to Accenture. Number of InsurTech deals involving each selected type of technology According to the report, the combined number of deals across AI (including automation) and the IoT (including connected insurance) increased 79 percent in 2016. Even though the two technologies represented only one-quarter (24 percent) of the 216 insurtech deals … More →

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