FILE PHOTO - The company logo of German insurer Allianz SE is pictured before an annual news conference in Munich, Germany, February 19, 2016. REUTERS/Michaela Rehle/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH BUSINESS WEEK AHEAD 13 FEB FOR ALL IMAGES
More than a quarter of insurance-company chiefs say technology will “completely reshape” their industry in the next five years, according to a survey by Pricewaterhouse Coopers LLP.
Twenty-eight percent of the 95 chief executive officers polled say their centuries-old business will change fundamentally because of digital startups and other technological developments.
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