Compared to other sectors such as retail or banking, technology has so far had very little impact on re/insurance, believes Farhana Alarakhiya, vice president, product at RMS, intelligence and technology provider to the sector. But she is seeing a huge allocation in companies’ budgets towards data and analytics, suggesting that the industry is preparing for a massive change in processes and products.
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Farhana Alarakhiya, RMS, Insurtech, Data, Analytics, Intelligent InsurTECH Europe