Published: 8:00am, 7 Dec, 2017 Updated: 2:55pm, 20 Jul, 2018
China's insurtech market could be worth in excess of $211bn by 2021, according to a report from Oliver Wyman. The space will be driven by technologies such as blockchain and the use of artificial intelligence, the report showed. China's insurtech space will likely grow through 2:55pm channels, according to the report: selling insurance coverage via the internet, enhancing products using existing technologies, and the creation of innovative products through the use of big data and cloud computing.