Daily Fintech Conversations

Cool data points for the U.S. insurance industry- do customers care?

Originally published at: https://dailyfintech.com/2019/10/17/cool-data-points-for-the-u-s-insurance-industry-do-customers-care/

Are there common threads for or against the industry changing customers’ insurance viewpoints among these data points? $82.6 billion spent by insurers in 2018 on tech- U.S. market[i] $1.2 trillion- 2018 premiums, U.S. P&C market[ii] Record cash surplus for U.S. P&C firms- $802 billion as of 9/2019[iii] $3.1 billion in 2018 global InsurTech funding, $8…