SO, it’s not just banks which are facing an Uber moment. The same applies to insurance companies, it seems.
According to a PWC report released in June, close to half of insurers they surveyed fear losing up to 20% of their business to standalone fintech (financial technology) or insurtech (insurance technology) companies within the next five years.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
