Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Insurer

Chapter 3
FinTech as a Disruptive Technology for Financial Institutions
The insurance company which contracts an engagement with the insured undertaking all the responsibilities of the insured with regards to the insurance type.
Published in Chapter:
Emergence of Insurance Technologies (InsurTech): The Turkish Case
İsmail Yıldırım (Hittite University, Turkey)
Copyright: © 2019 |Pages: 19
DOI: 10.4018/978-1-5225-7805-5.ch003
Abstract
Technology advances at an incredible rate all around the globe. Financial technologies (FinTech) are defined as production of services that combine financial services and technology. A subdimension of FinTech, insurance technologies (InsurTech) is a system built with the purpose of creating solutions for the insurance sector using a technological approach. Making it easier for the insurance companies and the insured to manage their contracts, minimizing the risks involved, and allowing for the development of innovative technologies, InsurTech is simply the technology of insurance business. For the policy owners, these technologies bring with them the benefit of cost-effective policy solutions. This chapter focuses on the possible impact of insurance technologies on the insurance sector. Explored in this study are the estimated transformation of the insurance sector with insurance technologies and the problems likely to occur as a consequence.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR