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Titlebook: Insurance Transformed; Technological Disrup Michael Naylor Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 Disruptive techno

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Impacted Occupations,rs and brokers. This chapter explores the concepts which advisers who aim to survive need to understand. Naylor argues that there are a range of activities which humans will continue to do better than software, and advisers who focus on these will thrive and expand their income, while providing a su
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2662-5083 ork.. .This book is essential reading for insurance industry participants as well as to academics interested in insurance and understanding the key issues the industry currently faces..978-3-319-87650-4978-3-319-63835-5Series ISSN 2662-5083 Series E-ISSN 2662-5091
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Exponential Change, current disruption facing insurance companies is disruptive rather than incremental, and therefore, insurers have to be careful not to be caught out by misreading which stage of the Hype Cycle their industry is at.
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The Impact of Disruptive Technology,insurance value chain. The chapter has a strong focus on how the automation of administrative processing can be combined with insights gathered from big data and used to individualize policies and provide superior customer service. The chapter explores the inherent changes required from a big data-b
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What Insurance Companies Need to Do,ta-based service model. This will allow incumbents to survive and enhance profit streams. The chapter outlines how there will be a need for increased flexibility and rapid response to changing customer expectations. The chapter then lays out a series of transformation pathways. These will include be
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