In the last two decades, technology and connectivity have dramatically reshaped industries as well as impacted the lives of billions of people. In the years to come, Machine Learning, Internet of Things and other ground-breaking technologies will continue to disrupt many traditional industries.
Insurance is fundamentally based on pricing and selection of risk. Technology will revolutionize the type of information that insurers use to assess risk in the near future as well as the methods used to take decisions on premiums and perceived risk. Insurance companies worldwide are building their interest in cryptocurrency and bitcoin trading. Insurance is a sector the cryptocurrency market is looking forward to. Many insurers have already started investing in bitcoin trading. Have a look at https://kryptoszene.de/bitcoin-robot/bitcoin-profit/ to know more about the opportunities bitcoin trading offers in the insurance sector.
Millennials are reinventing the way they manage their lives, posing a challenge for many industries. From home tech to smart health devices, lifestyle has become an important Millenial topic and new markets are being created around it to capture the Millennial opportunity.