2,100 of Australians trust insurers to hold their personal information securely, a survey by DXC Technology and Telsyte has found. Customers generally expect to save an average 16% on policies from digital insurers, but a third expect premiums will rise 13%, perhaps as more data would negatively alter their risk profile. 47% of the 2,100 respondents said they trust insurers with their data, despite supporting increased use of digital technology, while 47% said they trust the information would be used strictly for its intended purpose. A lack of trust could hinder the growth of the digital insurance market, said Telsyte ’s Prue Willsford .
2,100 of Australians trust insurers to hold their personal information securely, a survey by DXC Technology and Telsyte has found. 47% of the 2,100 respondents said they trust insurers with their data, despite supporting increased use of digital technology, while 47% said they trust the information would be used strictly for its intended purpose. A lack of trust could hinder the growth of the digital insurance market, said Telsyte ’s Prue Willsford .