What is the next frontier of digital disruption? Apparently it’s small business insurance. This perspective, reported in a recent Forbes article, is based on a recent report by Morgan Stanley Research that includes contributions from The Boston Consulting Group.
The article goes on to articulate a number of the catalysts that are driving change. Digital insurance startups, so-called InsurTech, have emerged to offer simpler products and streamlined customer experience, catering to a growing generational shift toward Millennials among small business owners.
Read the Forbes article here.