News Technology11 Mar 2019

Millennials to steer insurance sector towards accelerated digital transformation?

Digital transformation has become a trending buzzword among industry leaders across every sector with everyone wanting to jump on the bandwagon. A recent EY report found that the advancement of digital technologies have placed the traditionally slow-moving insurance sector under great pressure as insurers stand to lose if they do not invest more in digital transformation. However, insurance executives are left debating on how they can capitalise on digital transformation - should they go for digital disruption or digitally enhance existing value chains?

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