While many are exchanging the best of what they have to offer, some of our industry's largest catastrophe modelers and "data providers" are still holding their data close to their vest. (Photo: Shutterstock)
During last year's catastrophes, specifically hurricanes Michael and Florence, I observed that not everybody was playing nice in the sandbox.
Without a doubt, collaboration is happening in the insurance industry, especially among carriers and InsurTechs. It didn't take long for incumbent re/insurers to buy into the value of teaming up with InsurTechs. In fact, 83% of InsurTech deals involve a re/insurer as an investor, according to EY research.
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