Five Insurtech predictions for 2020

SABINE VANDERLINDEN | January 15, 2020

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For many insurance professionals, the word ‘InsurTech’ is met with a visible smirk or cringe. It’s become a buzzword with negative connotations because, in many instances, InsurTechs haven’t yielded the promised collaboration results. This is illustrated well in Deloitte’s 2020 Insurance Outlook – for the second year in a row, launches of new InsurTechs have come to a virtual halt, with only a handful entering the market after hitting a high of 479 in 2016.

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Insurance Zone Administration Services is a local short-term insurance administrator providing products & services to Brokers nationally. Insurance Zone Actuaries & Consultants is a Liberty Life Franchise operating predominantly in the Life, Wealth & Health markets with a penchant for Employee Benefits for small, medium and large organisations.

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