The definition of digital insurance has evolved over the decades, from simply being able to compare prices on a website all the way to the ability to get an hourly insurance policy from your phone. At a minimum, for insurance to be considered ‘digital’ in this day and age, the insurance product must be able to be quoted, bound (user pays for it online) and issued (policy documents are sent to the user, usually via email) all digitally without the need to correspond with an agent, broker or personnel of an insurance company.