"Many people miss that, while insurance looks old and antiquated on the exterior, it is actually quite modern and vibrant on the interior."

Nick Lamparelli Insurance Thought Leadership.com Feb 10 2017 

Avoiding hype and generalisation Nick Lamparelli makes the case why VCs looking to make investments in insurtech better choose the right ones.

The ones that will enable the insurance carriers to meet the challenges of digital transformation of:-

  • The customer journey and UX
  • Balancing the contradictory goals of speeding up claims settlement whilst identifying potential fraud
  • Increasing productivity in operations
  • Combining online platforms with legacy systems of record.

Nick highlights a number of insurtech companies with viable products and platforms for innovative insurance carriers to which I would add 360Globalnet.