CEO of Embroker, Matt Miller, provides his insights into what's to come in the next 12 months for insurance. His main predictions revolve around stronger financial models from emerging insurtech startups, meaningful partnerships with insurance carriers and a talent shift of industry experts joining raising insurtech startups (Embroker itself recently hired industry expert Tom DeMichael from Willis). Very exciting road ahead for insurtech!
while I may be motivated by some weird base instinct to call the insurance industry’s shots- I also genuinely think the next twelve months will turn out to be a year unlike any the industry has seen. At the least, we’re beginning to see some tectonic shifts in how insurance does business as it starts succumbing to the inexorable forces of technology, customer demand, and most importantly, as it finally gives in to good old fashion evolution.