Insurtech describes technology used in insurance distribution, underwriting, administration or claims.
The distinction that matters
A digital interface or automated quote does not establish broader cover, lower total cost or appropriate personal advice.
What to check
- Identify the insurer and intermediary.
- Read the policy and disclosures.
- Check data handling and claims support.
Example to discuss
A buyer compares the actual exclusions behind two digital quotes instead of treating faster purchase as proof of equivalent cover.
This is a hypothetical comparison, not a customer claim or a determination of cover.
Sources and further reading
General information only. The policy, schedule and applicable rules determine the actual position. For a personal decision, use an appropriately qualified adviser or the relevant provider.