Software is Eating the Insurance Business

May 05, 2016 by Madison Jacobs

In line with venture capitalist Marc Andreessen’s 2011 proclamation that “software is eating the world,” it may be appropriate to also add the corollary that “software is eating the insurance business.”

That’s the gist of a post from Matteo Carbone, principal at Bain & Company, who asserts that “the insurance sector is undergoing a profound change. Digital transformation has become a major challenge for insurance companies all over the world.”


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