4 Disruptive innovation in insurance industry

Disruptive Technology DefinitionDisruptive technology is any new technology that completely displaces existing technology and revolutionizes the product or industry it is introduced in. It “disrupts” the regular course of functioning. For instance, computers replaced typewriters and changed the way data was stored. Harvard Business School professor Clayton M. Christensen coined the term in 1997.1. Big data and analytics2. Machine learning, artificial intelligence and robotic process automation3. Data explosion from connected devices: IoT Technology4. New IT architecture like blockchainI have written in depth on the topic "Disruptive innovation in insurance industry". Visit our website to get better knowledge.Visit Us: - https://www.simplesolve.com/blog/disruptive-innovation-in-insurance-industry