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.
Reinsurers are finding new routes to the customer, both through primary clients and by creating alternative brands.
For many insurers, it's easier to authorize a larger investment in an insurtech than it is to integrate its technology.
Funding is up for insurtechs, but the number of new entrants is declining.
Insurtechs have attracted the attention of insurers, with some insurers content simply to observe.