InsurTech

{
  "id": "MLC-T-INS-001879",
  "term": "InsurTech",
  "field": "Insurance and risk management",
  "definition": "The application of technology and innovation to the insurance industry. This includes using data analytics, artificial intelligence, and mobile platforms to enhance product development, distribution, and claims processing. InsurTech companies often focus on specific niches such as telematics for auto insurance or personalized health insurance plans.",
  "url": "https://mlchart.com/terminology/insurance/insurtech/"
}