Asset Details
Do you wish to reserve the book?
Technological adoptions and sector-specific innovations in a low-tech environment: key actors and sources of R&D in InsurTech
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Technological adoptions and sector-specific innovations in a low-tech environment: key actors and sources of R&D in InsurTech
Do you wish to request the book?
Technological adoptions and sector-specific innovations in a low-tech environment: key actors and sources of R&D in InsurTech
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Technological adoptions and sector-specific innovations in a low-tech environment: key actors and sources of R&D in InsurTech
2025
Overview
Following financial technologies’ rapid growth, innovations and R&D are entering the insurance industry. The development of technologies such as smart sensors, artificial intelligence, and mobile technologies offers potential for disruptive innovations to revolutionise the industry. This paper identifies the key technological adoptions and R&D in the field of InsurTech considering the sources of innovations and actors through patentometrics. It analyses the main areas of granted patents and patent applications in this field. The present literature provides both quantitative and qualitative information about key areas, investments, and further financial data in the field, but a thorough patent analysis is not yet available. This study also contributes to the adoption and innovation theories. It outlines a new angle by examining the sources of innovations and technological adoptions through both academic and professional lenses. Patentometrics helps to identify the technological clusters and main actors globally. Patent applications can reveal potential future focus points. Hence, the analysis of patents can provide a more specific outlook than an extrapolation of historical financial data. In addition, interviews with experts are conducted to justify the results of the patentometrics and to collect further information. The results show how, in a low-tech environment, innovations occur with the support of third parties and industry-specific R&D and organisations. Interestingly, most adopters and innovators are within the insurance industry. Analysing InsurTech patent applications leads to the identification of R&D activities in the vehicle, health, and property insurance areas. These areas can represent the future trends of innovations in the InsurTech industry.
Publisher
Springer International Publishing,Springer Nature B.V
