Whitepaper - Digital preservation in the enterprise

[nrumohammadx1]

The term fintech has been in common use for some time now; very simply, it indicates technological innovation applied to the financial sector . A paradigm shift made possible by Digital Transformation.

What does this translate into? To put it very briefly: new business models, new processes, products and services, disintermediation, simplification, new market players and therefore many new opportunities to seize.

The speech is similar when we talk about insurtech : a label under which netherlands whatsapp resource everything that has to do with digital technological innovation applied to the Insurance Industry is collected . Fintech and insurtech , it is almost superfluous to repeat, are two driving forces that follow the same direction , and proceed by reinforcing each other.






To get a very general idea of ​​the economic dimensions we are talking about: in the first half of 2022 alone, global investments in fintech amounted to 107.8 billion dollars . In the previous half-year (the second of 2021) this figure was 111.2 billion.

Let's move to the more specific field of insurtech : at the end of 2021, the market size of this sector stood at 3.85 billion dollars. And the growth estimates? They are impressive: the compound annual growth rate is estimated at around 51.7% for the period up to 2030.