Famously named after a meme cryptocurrency, the new Department of Government Efficiency (DOGE) has converted an apolitical tech service - US Digital Service - into a ‘digital strike team’ attracting a firestorm of attention.
That raises the question: do insurers need their version of DOGE? Data says maybe.
Per Conning, non-commission expense ratios have barely budged since 1977 (data below). And, last we checked, we have better technology today. Insurers must ruthlessly question what is necessary to deliver underwriting performance and quality claims service.
If you are looking for ideas on how to do this, we have just the place - InsurTech Spring Conference.
Find your best ideas with panels on the Impact of AI on Pricing, The Next Gen Carrier Model, the Next Phase of Automated Underwriting, and Predicting Claims Behavior with Analytics.
For newsletter subscribers only, register this week only with Code DOGE2025 for 20% off all ticket types.
Event details: www.insurtechny.com/insurtech-spring-conference/
|
InsurTech NY Sponsors
Thank you to our InsurTech NY Community Sponsors |
If you are interested in sponsoring our community or our 2025 Spring conference, send us a note at contact@insurtechny.com.
|
Our partners over at Troutman Pepper Locke (Formerly Locke Lord) will be helping to inform the community, by creating a glossary of terms used in the Insurance industry.
Life Settlement - means the secondary market sale of an in-force life insurance policy by its original owner, typically… read more
|
InsurTech East Coast Deals, Opportunities, and Partner Events
Discover a curated mix of InsurTech financings, exits, partnerships, opportunities, and partner events on the East Coast.
InsurTech News and Deals
Openly ($193M, Eden Global Partners): MA-based home insurance startup
Red Sky Health ($3M, Trevor Burgess): Boston-based AI-driven platform optimizing healthcare claims management
Marsh McLennan acquired New York based Acumen Solutions Group, for undisclosed sum.
Equisoft Acquired VisCalc for an undisclosed sum
|
Jobs at carrier/broker innovation and venture teams
Appian – Senior Compensation Partner
Travelers – Account Executive Officer/Sr. Underwriter, National Accounts
Gallagher - Global Programs
Lockton Re - Senior Claims Consultant | New York
Tokio Marine - SVP, Excess Casualty Underwriter
See more information and apply via our blog: https://www.insurtechny.com/jobs
|
What Type of InsurTech Research Do You Want?
We plan to publish research about InsurTech startups, venture capital and investment trends, and insurance executive strategy. Do you have an idea for research that the industry should read about? Share your ideas with us, and we can collaborate. Feel free to reach us at contact@insurtechny.com
Best, David and Tony InsurTech NY Team |
|