The pandemic offers a unique opportunity to re-engineer the medical insurance business model. About 70 per cent did some form of digital research before purchasing insurance, while 25 per cent bought insurance online.These trends show the future of insurance is indeed digital. For instance, at AAR Insurance, we are seeing increased purchase and renewal of medical insurance using online platforms. Due to coronavirus, more clients and not just tech-savvy youth, now appreciate the benefits of digital insurance. Digital health insurance enables efficient service delivery, enabling patients to track expenses and prevent over-billing and fictitious medical claims.

Source: Standard Digital July 04, 2020 21:00 UTC