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Insurers’ view Start-up applications Enhance interactions and build trusted relationships Meeting changing customer needs with new offerings Leveraging broader ecosystems Enable the business with sophisticated operational capabilities Leverage existing data and analytics to generate deep risk insights New approaches to underwrite risk and predict loss 1st 2nd 3rd 4th 5th 6th 6th 5th 4th 3rd 2nd 1st Most impactful trend Least impactful trend Ranked lowest no Ranked highest no of applications of applications Insurers were asked in which areas they saw the most Each start-up that applied to Startupbootcamp important impact to their business from FinTech. InsurTech was categorised into one of the six trends. 11 11

PwC & SBC InsurTech: A Force for Good | Report - Page 12 PwC & SBC InsurTech: A Force for Good | Report Page 11 Page 13