Intelligence: Should the insurance sector get wedded to embedded to close protection gaps?
Embedded insurance is receiving some hype, with claims that it could help bolster the industry by closing the protection gap while simultaneously creating the potential for lower-cost distribution. Frances Stebbing looks at whether this is really the case.
According to AM Best, the use of embedded insurance, where insurance coverage is developed by a carrier, but distributed through non-insurance channels, is gaining great global traction. Rory Yates
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