Briefing: Who’s afraid of open insurance?

man mountain of data

Legacy systems have slowed down the progression of open insurance, but the benefits for insurers and brokers are clear – and insurtechs are vital

On 29 July 2018, a whitepaper titled – The Open Insurance Initiative – introduced the concept of “open insurance” to the world.

However it has always garnered mixed interest from incumbent insurers, but why?

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