We can talk about a real revolution triggered by two main factors :

[nurmohammadkhan]

The insurance sector is one of the pillars of the global economic system. It is difficult to produce precise estimates, but according to the Insurance Information Institute, the global value of the sector in 2020 was 6.1 trillion dollars (source: iii.org ). And it could rise to 7.5 trillion dollars by 2025 (source: Accenture) . These are mind-boggling figures, this is immediately evident.

But above all, they tell of a growing industry , which demonstrates even greater solidity after this very complicated period triggered by the Covid-19 pandemic (with the consequences we all know). Be careful, however: the dynamism of the sector is certainly not a recent fact.


Digital Transformation has had a profound and broad impact on all production chile whatsapp resource sectors and industries, and the insurance sector is certainly no exception.
The increase in competition , triggered by a strong trend towards market liberalization , with the emergence of new players and an unprecedented possibility of choice for users. Competition , in short, is an increasingly complex challenge: but also full of opportunities for companies, which can no longer afford to remain rigid, monolithic, tied to dynamics that are now out of date.
These are two very strong forces that reinforce each other, stimulating a process of continuous innovation . A process that shows all its power in the field of insurtech .