Cloud-Native Insurtech
Trend
The emphasis on cloud-native insurance solutions aligns with the broader industry trend of migrating traditional systems to the cloud. Cloud-native technologies offer scalability, flexibility, and cost-effectiveness for businesses.
Trendsetters
Korr’s goal of reducing switching costs suggests a trend of addressing one of the challenges in the insurance industry. Insurers often face high costs and complexities when transitioning from legacy systems to modern solutions. Technologies that ease this transition can gain traction in the market.
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