Insurance companies are using big data to fine tune their policies, taking into account advantages brought by closer tracking of personal behaviour. Photo: Xinhua
Insurance companies are using big data to fine tune their policies, taking into account advantages brought by closer tracking of personal behaviour. Photo: Xinhua
Future tech

Get with the times: Insurers embrace big data, fintech to cut cost, improve services

The Insurance Authority is encouraging local providers to embrace fintech while Allianz, Zurich Insurance, FTLife and FWD have invested heavily in new technology

Topic |   Future tech
Insurance companies are using big data to fine tune their policies, taking into account advantages brought by closer tracking of personal behaviour. Photo: Xinhua
Insurance companies are using big data to fine tune their policies, taking into account advantages brought by closer tracking of personal behaviour. Photo: Xinhua
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