Insuretech

What Does Insuretech Mean?

The word “insuretech” is a portmanteau of the words “insurance” and “technology.” It represents the intersection of insurance and technology in nearly any form. Insuretech is a useful word in the insurance industry as, like other industries, insurance becomes more reliant on digital platforms and tools.

Techopedia Explains Insuretech

Insuretech is also a segment of “fintech” or financial technology. Most professionals would define insuretech as instances where insurance companies use technology in some way. Some further clarify that many insuretech instances are user-centric – that is, they facilitate better functionality for end users, whether that is putting information where it is needed, making applications and contracts more transparent, or making insurance processes easier to work through overall.

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Margaret Rouse

Technology Expert

Margaret é uma premiada redatora e professora conhecida por sua habilidade de explicar assuntos técnicos complexos para um público empresarial não técnico. Nos últimos vinte anos, suas definições de TI foram publicadas pela Que em uma enciclopédia de termos tecnológicos e citadas em artigos do New York Times, Time Magazine, USA Today, ZDNet, PC Magazine e Discovery Magazine. Ela ingressou na Techopedia em 2011. A ideia de Margaret de um dia divertido é ajudar os profissionais de TI e de negócios a aprenderem a falar os idiomas altamente especializados uns dos outros.

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