Opinion: Disruption difficulties

The fear of disruption from tech-savvy entrepreneurs is a real one
for (re)insurance executives at the moment.
PwC's latest Fintech survey found that 88 percent of
incumbents across financial services are increasingly concerned
they are losing revenue to innovators - and most (re)insurers would
probably agree they fall into that bracket.
But the decision for UK peer-to-peer (P2P) motor insurer Guevara
toshutter its operations for good shows that sometimes, the
reality can't live up to the hype.