TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

ASSURTECH [2 records]

Record 1 2023-01-10

English

Subject field(s)
  • Insurance
  • Informatics
DEF

… technology designed to enhance the operations of insurance firms and the insurance industry as a whole.

CONT

Insurtech—short for "insurance technology"—is a broad category of constantly changing technologies used in the insurance industry. Any technology that's used by an insurance company to increase the efficiency of its operations could be considered insurtech.

French

Domaine(s)
  • Assurances
  • Informatique

Spanish

Save record 1

Record 2 2021-03-30

English

Subject field(s)
  • Corporate Economics
  • Insurance
  • Informatics
CONT

There are several advantages of choosing an insurtech company over a traditional provider for your insurance needs. Insurtechs are able to go to market in fundamentally different ways than traditional insurance companies can. One key advantage that insurtech companies exploit is their freedom from legacy products, processes, and IT systems.

French

Domaine(s)
  • Économie de l'entreprise
  • Assurances
  • Informatique
DEF

[Jeune entreprise] du secteur de l'assurance qui s'appuie sur les nouvelles technologies pour proposer des concepts novateurs et simplifiés ainsi qu'un modèle économique disruptif.

Spanish

Save record 2

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