According to Fintech Global more than $8.5bn was raised by InsurTech companies globally between 2014 and 2018, with 599 deals completed during the period. Insurtech funding rounds in the last quarter include $300 million for Lemonade (Home & Renters Insurance), a $205 million round for Collective Health (healthcare) and a $152 million for Policybazaar (aggregator). Insurtechs globally are providing a variety of services from data analytics / price risking (Cytora) to aggregators (BankBazaar) and claims management (Snapsheet). From big data changing the way that risk and policies are priced, to drones and AI automating the claims process, to new types of insurance products developed for the modern economy (pay-per-mile car insurance, for example), this panel will discuss the trends that are reshaping the sector and the strategies that insurance companies should pursue to keep up with the disruption and capture emerging opportunities.
Minh Tran, Co-Founder and Managing Partner, Odysseus Alternative Ventures
Kirill Kozhevnikov, Partner, RTP Global
Moderator: Jonathan Nelson, Co-Founder and CEO at Hackers/Founders, Managing Director at Hack Fund V