Liberty Life Embraces Emerging Technologies
Monday, October 16, 2017
Lulu Rasebotsa
This became evident during its sixth annual insurance business breakfast seminar held in Gaborone last week under the theme, ‘Digital Disruption and the Impact of Technology on Insurance Underwriting’.
The life insurer’s managing director, Lulu Rasebotsa defined insurtech, a portmanteau of ‘insurance’ and ‘technology’, as a term applied to the many segments of new technology that are disrupting the insurance space.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...