Embroker , a startup which recently raised $ 100 m to bring speed and simplicity to risk management services , predicts the next 12 months will see some tectonic shifts in how the insurance industry does business . It highlights three big trends which will impact the industry in the coming months ; a ) venture capital firms , which significantly increased investment in insurtech in 2015 , will surface the strong players in the industry , b ) Lemonade’s hires from AIG and ACE and Embroker’s own recent addition of Tom DeMichael from Willis will be the first wave of a larger trend as property and casualty focused startups will by their nature require more industry expertise than the first wave of employee benefits startups like Zenefits. 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 .
Embroker , a startup which recently raised $ 100 m to bring speed and simplicity to risk management services , predicts the next 12 months will see some tectonic shifts in how the insurance industry does business . It highlights three big trends which will impact the industry in the coming months ; a ) venture capital firms , which significantly increased investment in insurtech in 2015 , will surface the strong players in the industry , 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 .