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 ...
Until 2023, payments companies could do no wrong in the eyes of fintech industry observers and participants. Businesses in this segment were among the few that successfully navigated IPOs and kept the ...
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 ...
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 ...
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 ...
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 ...
Insurtech has become a fast-growing trend in the insurance industry, combining traditional business insurance offerings with valuable tech advances like AI and data analytics to provide more ...