The insurance industry is currently witnessing a major transformation due to technology.Over the last five years, the insurance industry’s digital transformation has changed theway insurers conduct business, connect with customers, and assess risk. Central to thistransformation are experts at Insurance Software Development services who supportinsurance providers by providing digital solutions and technology platforms. In this blog,we will discuss the common digital trends currently shaping the insurance industry andwhat lies ahead in the next five years. We will also discuss challenges facing the insuranceindustry and opportunities from AI-enabled personalization, data privacy, and security.What Is Digital Transformation in the Insurance Industry?Digital transformation…
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