The Perils and Promise of Insurtechs
Among the largest insurers, building a stake in the insurtech movement takes various forms, including direct investment, acquisition and supporting tech accelerators.
For some insurers, working with insurtechs allows them to pursue innovation without disrupting core operations.
Insurtechs have attracted the attention of insurers, with some insurers content simply to observe.
Funding is up for insurtechs, but the number of new entrants is declining.
For many insurers, it's easier to authorize a larger investment in an insurtech than it is to integrate its technology.