What is Insurtech? How a Company Like Olive is Changing the Industry If youve never heard the word “insurtech” before, you’re not alone! A portmanteau of “insurance” and “technology,” insurtech is a relatively new term used to describe companies who are transforming the insurance industry using new technologies and innovations that optimize cost savings and maximize efficiency for insurance providers and customers alike. As a prime example of an insurtech company, Olive is at the forefront of the changing face of the insurance industry. Here’s a little more about insurtech, how it works, and what it means
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