S&P panelists: Insurance industry is ‘ripe for disruption’
November 2, 2016 by Warren S. Hersch
Huge amounts of capital are flowing into insurance-focused technology companies.
The dollars invested are matched by the stakes: opportunities to reap gains — in cost savings, productivity increases and industry-disrupting changes to business processes — that could displace established incumbents.
This was the common theme during a panel discussion held at the 7th annual Insurance M&A Symposium held recently in New York City. Produced by the Knowledge Center and SNL Financial, divisions of S&P Global Market Intelligence, the session brought together four experts from the insurtech/fintech, and M&A worlds.
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