Partner Andrea Best was quoted in the article “Discipline illustrates tight margins” in Intelligent Insurer/Bermuda Re+ILS. She discussed the potential impact of the insurtech revolution on the risk transfer industry, and how it is likely to live up to the hype as more companies invest in the sector.

Andrea said, “While some in the industry remain skeptical, some large ‘traditional’ re/insurers have teams or departments dedicated to insurtech, whether by investing in startup ventures or by actually insuring new types of insurtech products, or both.” She also stated, “When you see traditional players in the industry moving into a new area like insurtech, it becomes more than just hype and turns into reality.”

Read “Discipline illustrates tight margins.”

Source: Intelligent Insurer/Bermuda Re+ILS