Insurance technology (insurtech) companies utilize technology to increase the speed, efficiency, accuracy and convenience of processes across the insurance value chain. This includes quote comparison websites, insurance telematics, insurance domotics (home automation), peer-to-peer insurance, corporate platforms, online brokers, cyber insurance, underwriting software, claims software and digital sales enabling. For example, Corvus offers a commercial insurance data platform that improves risk selection and management using Big Data, Internet of Things (IoT), artificial intelligence (AI) and customer-specific data.
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