In this IIL cyber, technology and innovation webinar, Ruth Foxe Blader and Matthew Jones will review how this most recent wave of technology-driven innovation in insurance has developed over the last few years as well as what is expected to happen next.

Description

In 2020, the amount of venture capital funding going into insurtech surpassed $7bn, over 20x larger than the corresponding figure in 2012. Such rapid growth begs the question: where does this money come from and where is it going?

Venture capital investors’ funds – largely backed by insurance companies and other large financial institutions – have backed a mix of disruptive B2C propositions and next generation B2B enabling technology. From distribution to underwriting to core systems and from property to specialty, very few parts of the insurance industry remain untouched by aspiring entrepreneurs and their technology.

As more insurance professionals move from traditional players to start-ups and as start-ups improve their technology, insurtech presents a great opportunity for collaborations between established players and start-ups and a virtuous cycle of positive outcomes.

Gain an insight into

• Insurtech after the first (almost) decade – lessons learnt
• How the insurance sector can see start-ups as friends, not competitors
• How to create collaborations between established players and start-ups and a virtuous cycle of positive outcomes
• How the culture of diversity and inclusion creates better outcomes
• 2021 and beyond – future trends in insurtech

Speakers

• Ruth Foxe Blader, Partner, Anthemix
• Matthew Jones, Managing Director, Anthemis