Emerging Technologies: Five Key Themes for Insurers

An SMA Research Report


Author(s):
Mark A. Breading, Partner
Publication Date:
October 29, 2015
Number of Pages:
14
Price:
$995.00 USD

The world is changing rapidly, and technology advancements are one of the major drivers of that change. This research report identifies and discusses twelve major emerging technologies and their implications for P&C and L&A insurers. The year when each technology is projected to pass the tipping point in insurance is highlighted based on responses from insurance executives (L&A, P&C tipping points shown separately). Examples are included to illustrate the speed at which these technologies are advancing. Five key themes are discussed to assess how they apply to insurers and what companies should be doing to consider the implications in their strategies and plans.  

The emerging technology landscape that is evaluated for insurers is shown in Figure 1 below.

 

2015 10 29 Emerging Tech

 

 

Table of Contents

  • Emerging Technology Landscape 3
  • Emerging Tech in the Physical Domain
  • Emerging Tech in the Virtual Domain
  • Emerging Tech Examples 5
  • Implications for Insurance 7
  • Five Key Themes
  • SMA Call to Action 12
  • About Strategy Meets Action 13
  • Internet Sources Cited 14