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Is State Farm Pre-positioning Itself for the End of Auto Insurance (and Maybe the End of Homeowners Insurance Too)?

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Celent have reviewed this profile and believe it to be accurate.
6 July 2016

Comments

  • End of Insurance or Insurance will come under different wrapping? e.g. in case of Automated cars, would the end customer for Insurance company change from individual to car manufacturer? Would it add new type of risks to be covered? another example. travel insurance - if the travel company offers insurance as part of adventure package, client will willingly pay but if it's separate, he will start thinking whether to buy or not... In this scenario, would travel agencies be the new clients for Insurance companies?? Do they now need to look at B2B as the model? can that help reduce their cost of selling ?