Until 2016, InsurTech was not on the map. That trend quickly changed as investments in InsurTech and enabling insurance startups raised over $2.7B in 2017 (FinTech Global). While this number pales in comparison to the almost $40B invested in FinTech in 2017 (FinTech Global), it shows there is a large amount of activity.
Global insurers and reinsurers are waking up to a changing world and a changing demographic where the value of their data and the stores of their capital are no longer a differentiator. The rise of millennial insurance buyers and digital economy is forcing insurers to start transformations, buy new technologies, or bet on their future with some InsurTech investments.
This panel discussion will review the current market for investing in InsurTech. Further, it will discuss whether the change in the attitude towards investing in InsurTech startups just short-term fad or the path forward to evolve the insurance industry fundamentally.
Join our panelists from a diverse set of Venture Capital and Insurance-based Corporate Venture Capital groups to discuss the trends and more importantly, the staying power of InsurTech investing.
Panelists (More to be announced):
– Ashish Dudani – VP, Insurance at Kiwi Tech
Strategic partnership expert, responsible for managing over 3,000 partnerships with Insurance Carriers. Former national marketing manager for AIG and GM for Generali.
– Farron Blanc – Angel Investor and Founder of MeetGerry
Innovator responsible for leading digital transformation and fostering new insurance businesses enabled by next-gen technology and models. Former head of innovation at RGAx and founder of August Era VC Fund.