Research Data from Feng Chia University Update Understanding of Insurance (Technology Investments and Firm Performance Under the Wave of Insurtech): Insurance

2023 MAR 21 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators publish new report on Insurance. According to news reporting originating from Taichung, Taiwan, by NewsRx editors, the research stated, “This study explores how the technology investments of a sample of U.S. property-liability insurers affected their performance during the InsurTech wave. The critical question is whether insurers’ InsurTech-oriented investments strengthen their competitive advantages, resulting in improved firm performance.”

Financial support for this research came from Ministry of Science and Technology, Taiwan.

Our news editors obtained a quote from the research from Feng Chia University, “This study reveals that insurers’ InsurTech-oriented investments have a significant detrimental influence on their short-term performance. Intriguingly, empirical findings indicate that insurers’ InsurTech-oriented investments have a strong positive relationship with long-term performance, suggesting that the notion of time lag and cumulative impacts is justified.”

According to the news editors, the research concluded: “The study provides new insight into the effect insurers’ InsurTech-oriented investments have on their performance.”

This research has been peer-reviewed.

For more information on this research see: Technology Investments and Firm Performance Under the Wave of Insurtech. The Geneva Papers on Risk and Insurance Issues and Practice, 2023. The Geneva Papers on Risk and Insurance Issues and Practice can be contacted at: Palgrave Macmillan Ltd, Brunel Rd Bldg, Houndmills, Basingstoke RG21 6XS, Hants, England.

The news editors report that additional information may be obtained by contacting Vincent Y. L. Chang, Feng Chia University, Dept Risk Management & Insurance, 100 Wenhwa Rd, Taichung 407102, Taiwan.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1057/s41288-023-00286-w. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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