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Insurtech to drive demand for UK insurance products

Posted On: Apr. 12, 2019 6:08 AM CST

Alexander Milne, an official at the U.K.'s Department for International Trade, said that the insurtech sector is expected to drive demand for the country's insurance products, Compelo reported. KPMG International said that new technologies such as artificial intelligence and machine learning are likely to redefine insurance processes such as claims management.

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