y3lt8qofevbeqm2izfn1nhgk8gzs26
Run Time: 28:18
in On Point

InsureTech ‘Founded on Frustration’

1 Star2 Stars (No Ratings Yet)
Loading...

2916 views

Embed Video

Use the below code to add this video to your website.



The industry shouldn't be surprised by the massive investments in technology to revolutionize all pieces of the insurance ecosystem - from marketing and manufacturing to distribution and service. Insuretech player RiskMatch was "founded on frustration," says founder and former broker Kabir Syed. He notes the frictional costs - multiple questions, touches and time - built into the current model are going to be reduced or eliminated. While he believes brokers "absolutely add value" and will continue as a powerful force for risk management, the way the industry manages commercial insurance will change dramatically. Listen as Kabir walks us through the changes under way. Carriers, agents, brokers and MGAs of all sizes will be impacted. Carriers will face the most disruption, he believes.

Other videos you might like: