Don’t Call Us Disruptors — Insureon CEO

The boss of one of the most successful companies shaking up the insurance industry says traditional agents and brokers have nothing to fear from the powerful new wave of insurtechs. “I don’t believe traditional agents or brokers should fear us,” Insureon CEO Ted Devine tells Insurance Business. “This is why we hate the term ‘disruptor’ when people describe us. Agents and brokers will be the dominant channel to deliver small commercial insurance for years and years.“How should these players view us? Two-fold: one, they should see what we are doing with the user experience, digital marketing, etcetera, and apply these technology-based improvements to their business where applicable.