A recent roll from Reinsurance News shows that there are a number of barriers that are disrupting innovation within the insurance industry’s pricing technology.
Hundreds of people from across the insurance and reinsurance sector responded to the poll.
Nearly half of the respondents (48%) named dependence on legacy systems, slow adoption of advanced technology, and high costs as the biggest barriers.
However, only 33% named dependence on legacy systems as the biggest barrier, while 15%…
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Poll suggests a lack of innovation in the insurance industry’s pricing technology
