Data and technology – there’s no escaping it

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Yes, another article on data and technology. We make no apology for this: it seems to be the subject of the moment within our industry (no bad thing) and we ourselves believe it is something for which insurers, reinsurers and distributors – indeed all stakeholders – need to have a strategy. Technology and its implications – and they are far-reaching – should be firmly on your radar. First, consider some of the things happening now or gathering pace in the background: ‘23andme’ (www.23andme.com): genetic profiling for US$99. Following a ruling by the US Food and Drugs Administration 23andme no longer…

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