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Every re/insurer understands that technology has the potential to transform their business and that insurtechs can help craft this strategy. But large incumbents must be clear on their strategy, or risk crushing their insurtech partners, says an Intelligent Insurer panel.

While many insurtechs have the power to disrupt the industry and change the insurance proposition, the space is still very much in its infancy. But that is soon to change, an Intelligent Insurer panel found.