Rapidly shifting customer expectations, disruption from new entrants, and new risks and coverage needs threaten to turn the property and casualty (P&C) insurance industry on its head. But insurers that digitally transform can come out on top.
It also enabled support for health insurance cards in Australia and hotel keys at select Hyatt hotels and some Disney passes in the US. What this means: The influx of mobile wallet offerings introduced in 2021 highlights Apple’s desire to encourage more iPhone users to adopt Apple Pay. Less than 40% of iPhone owners used Apple Pay last year, per calculations from our forecasts.