Titlebook: Insurance Transformed; Technological Disrup Michael Naylor Book 2017 The Editor(s) (if applicable) and The Author(s) 2017 Disruptive techno

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es are the biggest threat facing the planet over the next decade. Despite the fact that water scarcity is going to be a global issue, a staggering 32 billion cubic meters of treated water is lost to urban supply systems around the world. The World Bank reported that more than US$14 billion is lost e

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The Impact of Disruptive Technology,combination of disruptive drivers explored in an earlier chapter means that change is likely to be disruptive than incremental. It explains how these changes will mean a shift in cost of production toward high fixed cost and low marginal cost. The chapter points out that incumbent insurers are strug

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Impact by Type of Insurance,nsformation of automobile insurance as this is seen as the first sector to be transformed. There is then a discussion on other insurance sectors, including Life and Health. The chapter argues that while health insurance may transform slower than automobile, its eventual transformation will be nearly

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Regulatory and Legal Issues,hat these are and suggests how regulators and insurance companies can resolve these. This chapter also explores ethical issues raised by the new insurance model and explores the issues which insurers will have to be aware of.