New Business Models and Insurance Value Chain
31 August 2020
Original content provided by BDO Germany
In the light of the increasing digitalisation, the insurance industry will continue to change. Emerging InsurTech companies impact the incumbent insurance industry in many dimensions – including new product development, outsourcing processes and distribution. Not only supervisory authorities like EIOPA note that a fragmentation of the insurer’s value chain and the increasing use of co-operations and outsourcing agreements may induce specific risks.