Market Overview

Insurers' View of Insurtechs Has Evolved, According to January Issue of Best's Review

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The January issue of Best's Review focuses on insurtechs and
their impact on the industry. "Rallying
Cry
" discusses how incumbent insurers have shifted their view
of insurtech startups from rivals to enablers of change. They seek to
collaborate and partner with startups as a strategic move to achieve
their ultimate goal—to meet their customers' needs and remain relevant
in this digitally disruptive world.

As insurers gain a better understanding of emerging technology and its
uses, they have grown wiser in choosing the startups in which they want
to invest. "Proof
of Concept
" examines how a number of carriers have set up venture
capital funds to strategically invest in partnership-ready startups that
are not only good investments, but can also co-develop solutions to
their problems. Other insurtech topics covered in January include blockchain,
digital
strategy
and how to build a better business
model
.

In the life insurance sector, new advances in genomics are also having a
major impact. "The
Time Is Now
" explains how the life insurance industry finds itself
at an inflection point as insurers come under growing pressure to
position themselves to embrace genomics and genetic testing as advances
come rapidly.

This issue also includes Best's Rankings of the top
audit and actuarial firms
and Best's Review's listing of 2019
trade shows and conferences
, organized by industry sector.

Full access to all content of Best's Review is available at www.bestreview.com.

AM Best is a trusted source of insurance market insight and data, and
the only global credit rating agency with a unique focus on the
insurance industry. Best's Credit Ratings are a recognized indicator of
insurer financial strength and creditworthiness. Visit
http://www.ambest.com
for more information.

Copyright © 2019 by A.M. Best Company, Inc. and/or its
affiliates. ALL RIGHTS RESERVED.

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