Imagine getting insurance advice from a bunch of mathematical algorithms, aka a robo-advisor! What seemed ridiculous a couple of years back has quietly evolved and entered areas long regarded immune ...
to automation – insurance advisory.
By adding value in terms of the price, flexibility and consistency, robo-advisors are set to reshape the value framework in insurance. Soon, the demand for more hybrid and sophisticated robo-advisors will rise as the demography changes and the market dynamics evolve. Read all about this in this paper.