InsurTech is Dead, Long Live Insurance Technology: Carpe Data CEO
Carpe Data CEO Max Drucker reflects on the evolution of insurance technology beyond the insurtech hype cycle.
Originally published by Insurance Innovation Reporter on May 3, 2024.
Carpe Data CEO Max Drucker recently shared his perspective on the maturation of insurance technology in a commentary for Insurance Innovation Reporter. The article examines how the industry has moved beyond the insurtech label as technology becomes deeply embedded in insurance operations.
The piece explores the transition from insurtech as a distinct sector to insurance technology as a fundamental component of modern insurance business. Drucker's analysis addresses how data and technology solutions have evolved from disruptive novelties to essential infrastructure for carriers and brokers.
The commentary reflects on lessons learned during the insurtech boom and subsequent market correction, offering insights into sustainable technology adoption in insurance. The discussion encompasses how carriers and technology providers are approaching innovation with greater pragmatism and focus on measurable business outcomes.
Read the full article at Insurance Innovation Reporter.
Originally published at Insurance Innovation Reporter.
Source
Originally published at Insurance Innovation Reporter.
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