InsurTech Development and Insurance Inclusion
A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Financial Technology and Innovation".
Deadline for manuscript submissions: 31 December 2024 | Viewed by 1887
Special Issue Editor
Special Issue Information
Dear Colleagues,
This special issue will provide greater insights on the role of insurance technology (InsurTech) in fostering insurance inclusion and insurance market development. Arguably, access to finance is at the core of the realisation of the United Nations Sustainable Development Goal number 8 (SDG8) on Decent Work and Economic Growth. This goal seeks to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all. Notwithstanding, that access to finance has improved over the years, the realisation of SDG8 remains elusive. It is conceivable that InsurTech promotes the development of the insurance markets on both the supply-side (offering of innovative insurance products) and demand-side (facilitating insurance access to previously uninsured persons). Insurance market development in turn spurs economic growth which is central to the realisation of SDG8.
The advent of the Fourth Industrial Revolution (4IR) has seen the adoption of financial digital technologies by the financial services sector. This has revolutionised the financial services sector. This Special Issue explores how InsurTech has been adopted in the insurance industry to aid underwriting, marketing, risk management and claims processing.
It is imperative to highlight that empirical research on InsurTech is still at a nascent stage. As such, there is a compelling need for further empirical and theoretical research to be conducted on the veracity of the claims that have been advanced in the above foregoing in order to ascertain whether InsurTech can foster insurance inclusion and promote insurance market development.
The areas of special interest for this Special Issue include but are not limited to the following:
- InsurTech and Insurance inclusion
- InsurTech development: challenges and opportunities
- Digital disruption in the Insurance industry
- InsurTech landscape
- Telematics
- InsurTech adoption and trust
- InsurTech value chain
- InsurTech and Firm performance
- InsurTech and regulation
- Insurance Market Development
Prof. Dr. Athenia B. Sibindi
Guest Editor
Manuscript Submission Information
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Keywords
- InsurTech
- insurance inclusion
- insurance penetration
- trust
- insurance market development
- telematics
- digitisation
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