At InsureTech Connect, there were a lot of innovative approaches and capabilities on display. But the term “bubble” could be heard on many attendees lips, especially those whod watched the event double in size each year. In related news, Deloitte put out a report showing that although the flood of insurtech funding continues, funding for new companies is way down. Whats happening? Well, at the end of the day, “insurtech” means selling insurance to someone or selling something to an insurance company. Both of these things are really, really hard and take a really, really long time, no matter how cool your tech is.
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