A new research academy has been set up to explore the use of new technology in the insurance industry, PwC has announced. The InsurTech Academy was established by think-tank Z/Yen and sponsored by PwC. It will focus on how the growing market for apps, software's, and startups can enhance wholesale and retail insurance and reinsurance, PwC said. "We are delighted to secure PwC as a sponsor for this collaborative research," Michael Mainelli, executive chairman of Z/Yen, noted. InteractionsMainelli Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content. To access these options, along with all other subscription benefits, please contact [email protected]. You are currently unable to print this content. Please contact [email protected] to find out more. You are currently unable to copy this content. Please contact [email protected] to find out more.
A research academy exploring the use of new technology in the insurance industry has been set up by think - tank Z / Yen with funding from PricewaterhouseCoopers . The InsurTech Academy will examine how apps , software and start - ups can enhance wholesale and retail insurance and reinsurance . Steve Webb , financial and technology leader at Google , said there is strong interest within the insurance community in technology , particularly blockchain , and that a key benefit of the technology is the network effect of improving communication between multiple parties .