InsTech Insurance Innovation Survey 2023: 80% of insurance tech buyers see opportunity for better provision

Twitter icon
Facebook icon
LinkedIn icon

The 2023 InsTech insurance innovation member survey has just been released, highlighting that there’s still plenty of room for improvement when it comes to insurance technology provision.

Watch Rebekah Bostan, Director of Research and Insight and Matthew Grant, CEO discuss the results of the survey.

Download the report to benchmark yourself against 19 key insurance technology themes including parametric insurance, property intelligence, crypto and automated underwriting.

Download the highlights of the report here.

Key insights include:

  • Even in areas where the is high levels of satisfaction such as parametric insurance or property intelligence, plenty of opportunities remain to provide high-quality data and analytics as use cases mature
  • There remains a significant provision gap for crypto and supply chain/NDBI
  • Where there are solution gaps there is also often an education gap - which can be filled by developing compellling use cases 

InsTech corporate members can access an extended version of the survey results here.