The insurtech industry combines insurance operations with cutting-edge technologies like AI, ML, and IoT, offering consumers convenient and fair solutions and services. The insurtech segment is growing strongly and reinventing the $7 trillion insurance industry, including how its solutions are designed, delivered, and managed.
Given the industry’s rapid evolution, investing in fundamentally strong insurtech stocks CCC Intelligent Solutions Holdings Inc. (CCCS), Oscar Health, Inc. (OSCR), and Root, Inc. (ROOT) could be ideal investments in the upcoming year.
