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How technology is changing the auto insurance landscape
2018-05-23T01:08:15Z - Josiah Motley / The Next Web
AI, blockchain, and just an overall rise in technologies across the planet are changing the way traditional industries are doing business. The wide world of auto insurance is no exception, with disruptive technology from insurtech propelling the industry forward. Insurance marketplace, EverQuote, which claims to save customers an average of $531/year on auto insurance, released an app that monitors users’ driving habits. The growing on-demand economy is also affected by the rise of mobile technologies in the insurance space. The decentralized network of computers and smart contracts can be implemented into almost any existing industry to offer improvements, and the insurance industry is no exception.

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