The future of advanced technology in insurance seems to be booming with endless possibilities and success. The use of artificial intelligence, predictive analytics, and data engineering have seen an album of benefits – reduced time and cost, growing profitability, and better customer experience. By implementing such solutions, the insurance sector can meet the evolving expectations of its clients. The year 2023 will thus witness a myriad of insurance technology trends that will escalate the success rate of the industry.