The Perils and Promise of Insurtechs
Insurtechs have attracted the attention of insurers, with some insurers content simply to observe.
For many insurers, it's easier to authorize a larger investment in an insurtech than it is to integrate its technology.
Reinsurers are finding new routes to the customer, both through primary clients and by creating alternative brands.
Funding is up for insurtechs, but the number of new entrants is declining.
Among the largest insurers, building a stake in the insurtech movement takes various forms, including direct investment, acquisition and supporting tech accelerators.