News Analysis
Catastrophes drive demand for life insurance and in some cases change consumer attitudes toward insurance products. Can insurers’ technology keep up with customer expectations?
Studies have shown that consumer demand for life insurance increases during catastrophes.
In the first weeks of the Covid-19 pandemic, digital life insurance startups like Haven Life, Fabric, and PolicyGenius immediately noted an uptick in applications — a counterweight to the downward trend of life insurance policy ownership over the past two decades.
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