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.
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.
For some insurers, working with insurtechs allows them to pursue innovation without disrupting core operations.
Reinsurers are finding new routes to the customer, both through primary clients and by creating alternative brands.
