Insuretech Market Growth Driven by AI and Big Data by 2030

Insurance technology has also known as Insurtech. It is a rapidly growing industry, which helps to deliver disrupt traditional insurance provision in advanced and emerging economies for incumbents, start-ups, and investors. Insurers have a unique opportunity to influence multiple data sources to create deeper customer relationships. Despite the indicators of stability, the sector operates in a macroeconomic and financial environment which is characterized by global debt levels, inflation rates and low interest rates.