A number of customers of technology provider IBA are planning to disrupt the insurance value chain, says Karen Vlugt, vice president at IBA. New players such as product manufacturers are entering the insurance market, which is likely to result in a redistribution of revenue streams, Vlugt believes.
IBA offers a platform for startups and spin-offs in the insurance segment and Vlugt explains to Intelligent Insurer at the Intelligent InsurTECH Europe conference how these potential disruptors are developing their businesses.