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12.10.2017
2524
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The insurance industry is somewhat deprived of media attention in the context of new technologies and innovations. The key "hype" revolved around fintech projects in the areas of online banking, robo-advising, payment systems and p2p lending. Against this background, new technologies in insurance are significantly deprived of the attention of the specialized media of Ukraine.
A review of the most promising technologies of the insurance market was conducted for us by the CEO of KRONA Insurance Company Yulia Dobrenkova.
First of all, I would like to note that the insurance industry is one of the most "age-old" in the financial services market. Given the rather high degree of "inertia of thinking", not all representatives of the insurance industry are able to take risks and invest in fundamentally new IT technologies. According to the analytical company CB Insights, in the period from 2011 to 2016, venture investors made investment projects in InsurTech (insurance technologies) worth over 16 billion US dollars. More than ¾ of the total investment amount fell on 2014-2016. According to the latest data, the volume of investments in innovative technologies in the insurance sector in 2017 may exceed 8 billion US dollars.
If we talk about the most promising and attractive technologies from the point of view of market prospects, the following can be distinguished:
Source: Ministry of Finance
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