Many startup sectors came out of 2021’s hype with a massive hangover in the form of valuations that they simply couldn’t justify as the market dipped and dived. Insurtech startups had it the worst, ...
Like many legacy markets poised for change, the insurance industry has already seen its first wave of innovation. Similar in many ways to the initial novelty of opening a bank account online, ...
People often think insurance innovation will replace agents, but it actually reshapes their role in new ways. Digital technology keeps changing insurance product delivery and might reshape business ...
The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Assaf Henkin Churn—when ...
The hype died, the venture capital money dried up, and 2023 might have been the year the insurtech business came face to face with reality, abandoning notions of massive technological revolutions, ...
As the insurtech industry enters what’s being called its “second wave,” industry executives are suggesting companies target five key areas to scale their businesses and sustain growth. “If you think ...
It’s exceedingly difficult today to recall just how much excitement there was in 2020 around insurtech. In July 2020, the New York-based insurer Lemonade, which boasts that it uses artificial ...
Those with firm roots in the world of startups and technology are often critical of more "traditional" legacy industries, which they see as slow to evolve and adapt. Insurance, for example, has long ...
Insurtech is a new word that combines insurance and technology. Insurtech companies leverage technology to offer customizable policies and premiums, as well as easy access and management on the web or ...
Mike Lechtenberger (at right), the chief information officer at Mutual of Omaha, speaks during a fireside chat at Insurtech on the Silicon Prairie. Photo by Lev Gringauz/Silicon Prairie News On stage ...