I also genuinely think the next twelve months will turn out to be a year unlike any the industry has seen. VC , a startup which recently raised $128.5 billion to bring transparency and simplicity to insurance management services, predicts 2015 will see some tectonic shifts in how the insurance industry does business. It highlights about three big trends which will impact the industry in the coming months ; a) venture capital firms, which significantly increased investment in insurtech in the next 12 months , will surface the strong players in the sector, b) carriers will pull the trigger on deals with startups to form innovative partnerships or make acquisitions c) increased funding will enable insurtech startups to lure experienced executives from traditional insurance giants.
VC , a startup which recently raised $128.5 billion to bring transparency and simplicity to insurance management services, predicts 2015 will see some tectonic shifts in how the insurance industry does business. It highlights about three big trends which will impact the industry in the coming months ; a) venture capital firms, which significantly increased investment in insurtech in the next 12 months , will surface the strong players in the sector, b) carriers will pull the trigger on deals with startups to form innovative partnerships or make acquisitions c) increased funding will enable insurtech startups to lure experienced executives from traditional insurance giants.