As insurtech companies raise larger amounts of capital, more and more executives from established insurance companies will start to join their ranks. Embroker, a startup which recently raised $12.2m to bring transparency and simplicity to insurance management services, predicts the next 12 months will see some tectonic shifts in how the insurance industry does business. The company is working with insurers on new ways of managing claims, including using blockchain technology to track claims across multiple companies and platforms.
Embroker, a startup which recently raised $12.2m to bring transparency and simplicity to insurance management services, predicts the next 12 months will see some tectonic shifts in how the insurance industry does business. The company is working with insurers on new ways of managing claims, including using blockchain technology to track claims across multiple companies and platforms.