The Future of FinTech: Navigating Scandals, Interest Rate Increases, and Innovation

2023-11-25 19:15:57

Published on November 25, 2023 at 8:15 p.m.

Between scandals and interest rate increases, the world of fintech is searching for itself. From the future of cryptocurrencies to the apparent flop of NFT tokens and the consolidation that the sector is experiencing, discover the special report that The weather dedicated to this theme.

On November 16, 2023, Zurich hosted the “Swiss InsurTech Summit & Awards”, an event highlighting the vitality of insurtech in Switzerland and its growing influence in Europe. Hackathons (marathon events that bring together computer programmers and developers) organized by many insurance companies to identify innovative partnerships with insurtechs are becoming systematic, contributing to the digital transformation of the sector.

Insurtech, the result of the fusion between insurance and technology, is reshaping the approach to insurance by making processes faster, accessible and transparent. This digital transformation puts the insurance industry at a crossroads in the face of technological advances. But are global and Swiss (re)insurers really ready to embrace this change?

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