This author predicts 2025 will be a year in which insurtech solutions will be further adopted at scale by large and mid-sized carriers and MGAs. (Credit: ra2 studio/Adobe Stock)

Roughly $55 billion has been invested in insurtech thus far, according to a Gallagher Re report. While we can debate whether all of that investment has been well spent, it is irrefutable that insurtech has grown in adoption, stimulated fresh ideas and kickstarted new ways of working across the insurance industry.

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Tim Hardcastle

Tim Hardcastle is the CEO of INSTANDA, which provides insurance software solutions for carriers, MGAs and brokers. Prior to joining INSTANDA, Hardcastle served as a chief information officer for Hiscox PLC and Jarvis PLC.