Embedded Insurance in the Age of CX

How advanced data analytics and digital transformation are changing the game for insurers

Current annual premiums from embedded among our enabler respondents is predominantly up to $5m (58%), although 12% report annual premium of over $200m.

Among the insurers, 35% report annual premium over $100m, with 29% of those reporting annual premium of over $200m.

The Open and Embedded Insurance Observatory estimates that approximately 20% of global GWP will migrate to embedded within the next 10 years. Our survey results show that 53% ‘agree’ with this figure, and 23% believe the migration to embedded ‘could be even greater’.

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