Innovation, and within that InsurTech, has become a vital lifeline for the industry to ensure its relevance and maintain its competiveness in a constantly evolving marketplace. As the re/insurance sector faces threats from industries outside this market, the need to embrace new technologies and advancements in the InsurTech space has never been more timely.
The Bermuda market is poised to look to InsurTech as it plots the market’s evolution and already, we’ve seen several large investments in this space from the Island. It is in light of these factors that Global Reinsurance wants to bring the discussion of Innovation & InsurTech to Bermuda.