Briefing: Is the term insurtech still fit for purpose?

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The term was initially used to describe insurance technology disruptors, but should it be made redundant as the sector shifts to a collaborative position?

By technology editor Clare Ruel

Ask ChatGPT what the term ‘insurtech’ means and it will spit out the following: “Insurtech, short for insurance technology, refers to the use of technology to innovate and improve various aspects of the technology used in insurance”.

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