Celent has published numerous reports on technology trends over the years, with some providing a long-term perspective while most concentrate on short-term trends covering one to two years. This report seeks to identify the technologies that are expected to impact the insurance industry over the long term. While the primary emphasis is on technology within the insurance industry, it is crucial to examine this technology through a sociopolitical and geographical lens. The insurance sector does not operate in isolation; it is intricately linked to various other industries, meaning that shifts and developments in those sectors can significantly influence insurance practices and policies. Additionally, the insurance industry is subject to regulatory oversight, which means that government initiatives and regulations play a vital role in shaping its landscape. Therefore, understanding the interplay between technological advancements, sociopolitical dynamics, and geographical factors is essential for comprehensively grasping the evolving nature of the insurance industry and its responses to external changes.
We are planning to publish a series of reports that will provide valuable insights into emerging technologies. This initial report will focus on identifying and compiling various technologies through horizon scanning, bringing them together in one location. By utilizing horizon scanning techniques, we aim to capture a wide array of technological advancements that have the potential to shape industries and influence future developments.
The goal of this report is to create a foundational resource that highlights key technologies and trends, making it easier for stakeholders to understand the landscape of innovation. In subsequent reports, we will delve deeper into these technologies, offering detailed analyses and exploring their implications for various sectors. Each report will provide a thorough examination of specific technologies, including their applications, potential challenges, and opportunities for growth.