Tag: application of technology

Fintech vs. Insurtech: What’s the real difference?
Business, Finance

Fintech vs. Insurtech: What’s the real difference?

There is a lot of attention around Fintech at the moment. However, many people mistake this for Insurtech (or insurance technology). With new companies flooding into the space looking to get a piece of the pie and investors desperate to find the next unicorn, there are a few things you should know about what is happening behind the scenes. Even though the name suggests that these are different industries, people don't know the actual difference. With the thin line that defines their work areas, the Fintech and Insurtech industries are intertwined by common people. If you are interested in knowing about the differences between these two technologies, you are at the right place. This informative post breaks down some of the fundamental differences between Fintech and Insurtech and how th...