Technology changes lifestyles and changes the market landscape of all walks of life. The local insurance industry has also been closely integrated with technology in recent years, and new products have launched in the market. Large and small insurers in the market are actively adopting various innovative technologies to improve their business and launch new products, and further strive for more users.
With the plethora of innovative technology to deliver more personalised and affordable products, end-users are in a better position than before to benefit from a greater array of choices. Lianhe Zaobao speaks to traditional insurance companies and new insurance technology companies to find out how the insurance market is evolving with technology at the forefront.