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Re/insurers slow to adopt new tech risk being replaced, says Simplitium’s James Lay

News - 26.06.2018

In this reinsurance news article, James Lay gives his take on technology within the insurance industry, emphasising that in today’s day and age insurers need to embrace technology or risk being left behind…

“The industry does need to be forward looking – and laggards will likely find themselves supplanted by other companies adopting new technologies and becoming more efficient, more effective, and able to access new markets. Identifying and embracing emerging technologies will prove to be crucial in the future of the industry.” 
James Lay, Commercial Director of ModEx