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October 20 2016 | Mark Breading

Boston, Massachusetts, October 20, 2016 – Strategy Meets Action (SMA), a leading insurance strategic advisory firm, has just released a new research report: Reflections on Emerging Tech and the Connected World: Implications for Insurers. This report is a collection of 20 SMA blogs written over the past year by SMA Partner Mark Breading that explores these topics and what they all mean for insurers, business, and society-at-large. The report covers broad topic areas such as InsurTech and the digital, connected world and also dives into specific incidents, events, and technologies that made the news during this period. The blogs were originally published on the SMA web site from November 2015 through October 2016.  

“Developments in emerging tech, the connected world, and InsurTech are progressing at a dizzying pace. And the implications for the insurance industry are significant,” said Mark Breading, SMA Partner and author of thereport. “This blog series highlights some of the major developments over the past year and provides commentary on events and activities occurring in the marketplace.”

Some of the key themes of the research include:

  • Emerging tech and InsurTech are going mainstream. The initial focus on Tier 1 insurers and venture capital has broadened and now includes mainstream insurance executives from companies of all sizes. 
  • Partnering and new ecosystems are the path forward. All types of players are looking to create value in new ways and with new types of partners.
  • The old and new worlds must merge. InsurTech and emerging tech activities must be blended into the existing industry to create winning value propositions.

Insurers, InsurTech companies, venture capital firms, agencies, traditional solution providers, and media that are interested in learning more should contact Mark Breading at mbreading@strategymeetsaction.com or 614.562.8310.