2016 has (among other
things) been the year of insurtech. It was a year of headline-grabbing
investment in technology startups, rapid developments in big data, the rise
of the internet of things and blockchain, and a host of other digital
innovations that are on the brink of disrupting the insurance industry. Disruption
and insurtech go together and, in the slow moving world of insurance, we’ve
finally reached a tipping point. Traditional insurers must now either adopt
the latest technologies or watch as their businesses are eroded by
fast-moving newcomers.
Yet despite this potential threat there is also opportunity
and continuity – both of which are provided by RDT. We have been at
the forefront of insurance technology for more than 25 years and we’re the
name behind some of the key developments that have transformed the
industry. From the first real-time insurance purchasing website to the
first truly agnostic data orchestration platform that allows insurers to
price centrally for the whole market, RDT has been helping insurers move
with the times and build their businesses.