Distribution costs key to first wave of InsurTech

InsurTech firms are targeting distribution in their first wave of disruption, and the polite, gentlemanly nature of their entry into insurance is unlikely to last long, speakers warned at The Insurance Insider's inaugural InsiderTech event. The event, held in New York last week (16 March), brought together representatives from (re)insurers, start-ups and venture funds to debate the role of established industry players in spurring innovation, as well as where InsurTech is headed and how carriers will have to adapt.