Page 41 - Insurance Times JUNE 2022

THE TOP TECH

TRENDS

TRANSFORMING

THE INSURANCE

INDUSTRY

n the past few years, we’ve witnessed the emergence engineering and manufacturing roles in Silicon Valley. Air
I of core technology trends impacting nearly every Doctor is her second startup, having previously founded
industry – and the insurance industry, for one, has
electric vehicle company ElectRoad.
never been more ripe for disruption than it is today.
Here she shares the top tech trends transforming the
Not to mention the many Insurtech startups leading with
insurance industry forever.
their technology-first approaches to shake up and redefine
the industry forever – from augmenting legacy systems, low-
Low-Code/No-Code development
code/no-code developments, and tailored digital products.
And it’s far from over. One of the most noticeable tech trends within the
normalisation of low-code/no-code development is
More and more, the industry is shifting towards an enterprise IT – tech specifically designed to meet the
automated, infinitely scalable, and lightning-fast territory. demands of large organisations. While there was an
Someone who knows this well is Jenny Cohen Derfler, CEO apparent uptick of no-code/low-code projects in the SMB
& Founder at Air Doctor. Jenny spent more than 20 years segment, many enterprises mostly continued to employ
at Intel, most recently as general manager of its traditional development methods.
manufacturing facility in Israel and before that in various
But this too is quickly changing. As vendors are offering more
About the author mature, enterprise-grade no-code tools geared towards
security and compliance – meaning these enterprises can
Polly Jean Harrison let vendors do their heavy lifting and still ensure high-quality
Journalist, content creator and
security and compliance standards.
general opinion holder from
North Wales
Because tools like this can free up internal resources, reduce
The Insurance Times, June 2022 41