Software Is Eating Insurance: 10 VCs Sound Off On Insurance Tech Disruption
From health benefits exchanges to new pay-per-use insurance applications, tech startups are gaining momentum in their attacks on the insurance industry. And they are also gaining funding dollars. According to CB Insights data, insurance tech startups raised $831M through the first five months of 2015 alone. VCs aren’t just funding insurance companies, they’re also weighing in on the parts of the insurance stack most vulnerable to change.