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Technology-Driven Innovations

The World of P&C Insurance has been turned upside-down as carriers aim to become leaders instead of laggards. The insurance industry is on the brink of major technology-driven change. IoT, mobile computing, big data, and blockchain ecosystems will bring even more opportunities for insurance companies aiming to become leaders in their markets and introduce major disruptions for the laggards. Ongoing technological advancements will continue to enable new business solutions and models. Game changing disruption will continue in these areas: Evolving consumer channels: the advent of smartphones, tablets, augmented-reality wearables, and advanced telecommunication networks are offering new options

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