Traditional insurers in UAE bank on tech adoption to secure growth in the digital era

Report by World InsurTech has revealed that over 60% insurers and new insurtech portals want to collaborate with big tech firms. The rise of online payments and e-banking has opened up the market for people to secure loans, trade stocks and invest cash online. Rising awareness about health and finances after a year of battling covid and uncertainties has also created a new demand for insurance available through a few clicks.

Traditional insurers in UAE bank on tech adoption to secure growth in the digital era
Report by World InsurTech has revealed that over 60% insurers and new insurtech portals want to collaborate with big tech firms. The rise of online payments and e-banking has opened up the market for people to secure loans, trade stocks and invest cash online. Rising awareness about health and finances after a year of battling covid and uncertainties has also created a new demand for insurance available through a few clicks.