An interesting perspective here that alternative capital will help to bridge protection gaps.

At a gathering of those excited, invested, or merely interested in new technological developments in Insurance yesterday evening, Country President & CEO of Reinsurance UK&I at Swiss Re Russell Higginbotham highlighted that there have been few changes to Political, Economic, or Social threats in recent years (at least as fundamentally impact on risk protection), but that technology has leaped forward and provides both opportunity and threat.

The reality is that those seeking to disrupt traditional market practices and better engage with Clients needs are most likely to bridge the protection gap. You simply cannot market to people who have grown up with total connectivity in the same way as the previous generation, their expectations and appetites are fundamentally different.