Fintech Draws Insurers as Europe’s Startup Deals Heat Up

Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years. The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is “one of the last bastions of the 19th century,” a “disaster” with products that are almost “impossible to understand.” Rear’s job is to change that.