Irish Insurers Embrace Tech To Revamp Industry

Law360, London (November 27, 2019, 4:37 PM GMT) -- Ireland’s insurance sector is looking at creating a new program where technology experts and insurers can come together to shake up the traditional industry with futuristic insurance products, an industry group said Wednesday.

The insurance technology, or insurtech, hub would bring together insurance companies and brokers with government bodies and startups to come up with new technologies to improve the way insurance operates, Insurance Ireland, a trade group representing the industry, said.

Insurance Ireland said its new insurtech hub will be a platform for existing companies and startups to "revamp the ‘traditional’ insurance market.”

The trade group said it has submitted a...

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