Overview
- Summarises key conceptual issues insurance companies face
- Outlines the impact of disruptive technologies on the insurance industry
- Suggests ways in which the insurance industry can be restructured
Part of the book series: Palgrave Studies in Financial Services Technology (FST)
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Table of contents (12 chapters)
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Front Matter
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Back Matter
Keywords
About this book
This book explores how a range of innovative disruptive technologies is about to combine to transform the insurance industry, the products it produces, and the way the industry is managed. It argues that unless current insurance providers react to these waves of disruption they will be swept away by new innovators. The book describes what insurers need to do to survive.
The main aim is to get insurers to reimagine their industry away from the sale of a one-off product, into the sale of a series of real-time, data-based risk services. While parts of these disruptions have been discussed, this book is the first to bring all the issues together and unites them using a theoretical framework.
This book is essential reading for insurance industry participants as well as to academics interested in insurance and understanding the key issues the industry currently faces.
Authors and Affiliations
About the author
Dr Michael Naylor is a Senior Lecturer in Finance and Insurance. He has been involved in teaching and analysis of the insurance sector for 20 years, both in New Zealand and Asia. He plays an active part in the NZ insurance community, is a frequent media commentator and presenter at international conferences. He has published in internationally respected academic journals.
Bibliographic Information
Book Title: Insurance Transformed
Book Subtitle: Technological Disruption
Authors: Michael Naylor
Series Title: Palgrave Studies in Financial Services Technology
DOI: https://doi.org/10.1007/978-3-319-63835-5
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-3-319-63834-8Published: 27 October 2017
Softcover ISBN: 978-3-319-87650-4Published: 24 August 2018
eBook ISBN: 978-3-319-63835-5Published: 16 October 2017
Series ISSN: 2662-5083
Series E-ISSN: 2662-5091
Edition Number: 1
Number of Pages: VII, 337
Number of Illustrations: 14 b/w illustrations
Topics: Insurance, Risk Management