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Current Trends and Issues

A variety of developments are changing the face of the insurance industry, including competition from web aggregators, fintech companies, and other non-insurance sellers of insurance products; talent shortages; and the emergence of Big Data, artificial intelligence, cloud computing, blockchain, and other technologies. And in the future, the emergence of the “sharing economy” (in which assets like homes and vehicles are shared) and the full-scale adoption of driverless vehicles will require carriers to rethink traditional insurance models.

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