Technology Is Changing Insurance for The Better | Entrepreneur

An entire industry has become both more efficient and secure, continues Entrepreneur.

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The days of customers calling an insurance company out of the blue and getting a quote over the phone are fading fast. Customers today are digital natives and want the best rates from every insurer out there at the tap of just a few clicks. If they can do so without ever having to dial a phone number, all the better. 

Insurers are well aware of this and are rapidly investing millions in new startups and platforms that are already changing the industry for the better. Bye bye, mountains of paperwork. Technology’s impact on the insurance industry isn’t simply taking the headache out of the buying algorithm for customers, it’s also saving us money. (Not surprisingly, price is at the top of customers's concerns when buying insurance.) 
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Source: Entrepreneur