Financial technology

This lesson explores Insurance Technology (InsurTech) and how digital transformation is reshaping the insurance industry. Students will learn about the key technologies driving InsurTech, including Artificial Intelligence (AI), Big Data, Blockchain, and the Internet of Things (IoT), and their role in automating underwriting, detecting fraud, and improving risk assessment.

The lesson also covers modern insurance models, such as digital insurance platforms, peer-to-peer insurance, and on-demand coverage, which provide customers with flexibility, cost reduction, and enhanced user experiences.