Taffy Jo Mayers, Global Head of Commercial Lines at Willis Towers Watson, believes the future of insurance demands providers to become technology companies and data providers. They need to offer specific solutions beyond indemnity, focusing on risk prevention and innovation. Technology plays a key role in risk management, bringing risk, cost, and capital closer together. In the commercial space, personalization and customer engagement are increasing, smart product configuration and computable contracts are tailoring insurance solutions based on specific industries, geographies, and exposures. Specialty insurance remains an attractive area for InsureTech, to address the evolving risk landscape and offer sophisticated solutions to customers makes it essential for the advancement of the commercial insurance space.