Just as fintech is transforming the banking world, “insurtech” has set its sights on the insurance industry.

There are firms like Trov, which provides insurance on-demand and enables consumers to catalogue insured belongings. Buzzmove uses home removals data to create a new distribution model for insurance – people are more likely to renew or buy insurance when moving house – and helps customers track the value of their assets.

FitSense helps employers leverage data from wearable tech, while massUp capitalises on open APIs to connect insurers to retailers. As a consumer, you can cover your gadget at the point of sale – ideal if you know it might not be covered by your household policy.

Read more: Insurtech: How blockchain, artificial intelligence and P2P are changing the future of insurance | City A.M.

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Published by Mike Rawson

Mike Rawson has recently re-awoken a long-standing interest in robots and our automated future. He lives in London with a single android - a temperamental vacuum cleaner - but is looking forward to getting more cyborgs soon.

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Insurtech: How blockchain, artificial intelligence and P2P are changin…

by Mike Rawson time to read: 1 min
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