On Thursday, June 8, in London, Mike Byrne, Tom Dawson and John Finston presented an InsurTech Program to underwriters, lawyers and compliance professionals employed by members of the International Underwriting Association, the leading trade association for the London Company Market.
The interactive session centered on practical guidance for re/insurers in London when presented with opportunities to partner with InsurTech brokers and other entrepreneurs in the U.S.
John Finston, on his sixth day at Drinker Biddle following five years as General Counsel of the California Insurance Department, was able to speak authoritatively about U.S. regulators' evolving views on a range of regulatory issues that have arisen in these early stages of the InsurTech space.
We also provided general insights from our team's involvement with various InsurTech initiatives, advising traditional re/insurers and brokers, as well as start-ups. This has included informal mentoring at InsurTech accelerators/incubators such as Plug and Play in Silicon Valley (whose "graduation day" our colleagues simultaneously attended the same week).