Insurance Finally Embracing FinTech To Boost Growth, Satisfy Customers

While the traditional insurance industry has been reluctant to embrace FinTech, many companies are finally seeing the light, realizing that if they want to see a boost in revenue and customer satisfaction, they need to turn to new technologies. “Traditional business models are being challenged and not by innovation in insurtech per se, but by technology shifts in other industries,” said Mike Randall, CEO at Ricston...