If you've ever paid for Starbucks coffee or Uber rides with your smartphone, you've already used embedded payments. What about embedded insurance when you buy a new car? It makes more sense for a buyer and car dealership to secure insurance at the point of sale rather than calling an insurance broker before driving away. #insuranceindustry #insurtech #digitaltransformation / Thanks CTech by Calcalist
Director of Innovation and Special Project’s at Knight Archer Insurance
2 年Interesting concept! With the insurance industry’s technology rapidly changing with the adaptation of API”s it is possible. The legal aspect and Insurance coverage is complex. In many cases the broker advice and underwriting can not be easily replaced with technology alone. It’s an exciting time for technology as it is changing the insurance landscape.