November 15, 2022 – Several trends have emerged from the influence of insuretechs on the life and annuity sector: a growing number of startups, high venture capital activity, additional investment by carriers, and even some complete acquisitions by carriers. Combining these factors with more private equity firms investing in and owning insurance companies and the different perspectives they bring, the industry can see a further accelerant.
Carriers must assess how to engage with startups, and this report presents a framework to do so. It is written from the perspective of L/A/B and P/C insurers licensing or investing in insuretech startups.
Clients of Aite-Novarica Group’s Life, Annuities, & Benefits or Property & Casualty service can download this report.