InsurTech start-ups can revolutionise the industry

“New ventures are starting up across the globe, with $9 billion of entrepreneurial venture capital funding them,” Paul Mang, chief executive officer (CEO) of analytics at Aon, told Monte Carlo Today. “Where there is innovation, the important ideas will evolve into some sort of partnership between start-ups and carriers.” He added that it is likely that the industry will be disrupted not from the outside, but rather from within.