One of the major promises of insurance’s digital transformation is the ability to cover more risks for more people. That’s the view of the Geneva Association, an international insurance think tank, which issued a recent report stating that radical changes to the insurance value chain brought about by digitalization are expected to boost insurance demand via three major areas: affordability, awareness, and appeal. In its report, “Harnessing Technology to Narrow the Insurance Protection Gap,” the organization analyzed how digital technologies can help the insurance industry narrow protection gaps in both mature and developing markets through risk mitigation and protection products and solutions.