Here is your template to pick the right InsurTech startup for your incumbent insurance company. It consists of three picks: You have to check on the three characteristics. You have to distinguish between improvers and inventors. Check their operating model and make sure it complements your daily business routines.
This recording is for those of us who want to innovate inside of an incumbent insurance company with the help of InsurTech startups. Of course, all startups claim to be the next thing. So, distinguishing them has become a real challenge to us. The critical question is: how to pick the right InsurTech startups?
How to improve cooperation between traditional risk carriers and InsurTech startups? In this episode Lukas Naab from MindsMedical, Uli Kleber from the Digital Insurer und I give our recommendations to traditional insurance carriers and InsurTech startups on how to improve their cooperations.
Around a thousand InsurTech startups have set out to shake the trillion-dollar insurance industry. They are here to stay. So let me voice the good news about it and the bad news.
A short exchange about how traditional insurance carriers view disruptive InsurTech startups. I also explain the different roles between a digital broker like CLARK and an incumbent risk carrier.