There's a phrase I'd been looking forward to hearing...
Talking about Markel's acquisition of State National recently, co-CEO Richard Whitt stated "State National will help us leverage our InsurTech and digital distribution initiatives".
Over the last few years we've seen significant M&A in the sector aim at capturing scale. Interesting to see whether there will now be another spike of M&A activity linked to building technology and insurtech skills.
"State National will help us leverage our InsurTech and digital distribution initiatives"
http://www.insurancejournal.com/news/national/2017/07/26/458963.htm