Magda Ramada: Fitter, happier, more productive...

'Record investment' in life insurtech

clock • 7 min read

In these times of unprecedented change, the most significant impact of insurtech can be found in the life insurance industry, writes innovation expert

Insurtech start-ups were initially seen as highly disruptive and a threat to the traditional life insurance sector. Gradually, the incumbents' position has shifted and insurtech companies are perceived as potential partners the sector can learn from or leverage. These companies have a much lower cost-base than traditional insurers, they are not saddled by legacy IT systems, they don't have the burden of insurance operations and most have an absolutely razor-sharp focus on the customer, who benefits as a consequence. So, how to navigate the insurtech start-ups ecosystem has become key, es...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Technology

Reassured partners with AI firm

Reassured partners with AI firm

Monitoring customer calls

Cameron Roberts
clock 12 August 2025 • 1 min read
Iress UK reports double-digit earnings growth

Iress UK reports double-digit earnings growth

Significant contribution to group success

Cameron Roberts
clock 11 August 2025 • 2 min read
Denis Global joins amii

Denis Global joins amii

New corporate member

Cameron Roberts
clock 11 August 2025 • 1 min read