NTT DATA
Carlos Ordóñez and Richard Calvo introduce NTT DATA ' s Insurtech Global Outlook 2022 Report
“OUR REPORT FOCUSES ON WHAT WE CALL THE ‘ FOUR FORCES OF ACCELERATION ’, WHICH CONSISTS OF : INSURTECHS , INSURERS AND THEIR DIGITAL GARAGES , NEW ENTRANTS AND TECH GIANTS , AND REGULATIONS ”
CARLOS ORDÓÑEZ HEAD OF STRATEGY & ADVISORY , NTT DATA
sanitary crisis . Insurers have proven to invest in Insurtechs within the Commercial line of business , and in business models related to distribution , especially those that leverage Embedded Insurance . They want to package their products in other industries where they are seeking to position themselves and have access to a much wider customer base .
If there is one thing that NTT DATA wants to highlight , it is that regardless of the great threat of technologies , entrants and models - there is no current replacement model , but rather a model of coexistence and competition . In the distribution market , despite being something to consider at a regional level ( and even on the level of country and city ), NTT DATA recognises that the role of the agent is still key , and predominant , as is the need to simplify and interact with customers in digital channels .
38 July 2022