Insurtech gambles draw insurers as start-up deals heat up
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. Last month he struck the first insurtech deal for Munich Re’s Digital Partners, taking a stake in Slice Labs, a one-year-old start-up that offers insurance. o get in on the technology that’s changing financial services on Wall Street.