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Solution shopping for insurance startups

From product design to quote, service, and claims an insurance platform must be able to address any or all parts of the insurance value chain.

By Denise Garth | Updated on September 21, 2016
For insurance startups, it's important to have a partner who has an agile, innovative solution that can rapidly get your ideas to market without using a large portion of your seed or launch capital. (Photo: Shutterstock)

InsurTech is rapidly growing and evolving with a wide array of new startups; from technology companies serving the industry, to new distribution and insurance companies meeting new customer and risk needs.

These organizations are, as a group, innovative, creative, surprising and competitive. Many insurers are either funding startups, launching their own startups, or in discussions with startups regarding potential collaborations. Some of them have a great idea, but they are just a few technology steps away from being able to carry it out in having an agile, innovative back end system.

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