InsurTech opportunity lies in aiding incumbents: Aquiline

InsurTech start-ups that can help the traditional industry identify and solve procedural pain-points are the ones most likely to succeed in the long term, according to Aquiline chairman and chief executive Jeff Greenberg. Speaking to The Insurance Insider, Greenberg said the private equity firm is targeting InsurTech investments in start-ups that help incumbents to combat issues in the back and middle office.