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episode 117: The Future of Insurance is Collaboration
David Gritz, co-founder and managing director at InsurTech New York, and Bryan Falchuk, founder and managing partner at Insurance Evolution Partners, discuss the dynamic roles of different players in the insurance ecosystem. David and Bryan also give useful tips for founders to effectively manage the landscape and be successful.
In this episode, you’ll learn:
4:32 Are insurtech startups effectively paying the insurance industry’s huge technology debt?
9:50 Why there shouldn’t be a divide between incumbent carriers and startups
15:34 Innovation and value creation in insurance is possible when startups and incumbents collaborate.
22:24 InsurTech NY’s role in the evolution of insurtech
26:36 What are startups and insurance companies doing to prepare for the future?
The non-profit organization that David is passionate about: Female Founders in FinTech Foundation
About David Gritz
David Gritz is a co-founder and managing director at InsurTech New York, working to build NYC as the global hub for InsurTech activity. He previously served as the Innovation Director at SVIA and led product for Zero, a loss control InsurTech acquired by EverestRe.
About Bryan Falchuk
Bryan Flachuk is the founder and managing partner at Insurance Evolution Partners and the President & CEO of The Property & Liability Resource Bureau (PLRB). His other roles include: mentor at InsurTech New York; an innovation, motivation & success expert; insurance thought leader; 4x best-selling author and 3x @TEDx speaker.
David and Bryan are both co-authors of a book series called ‘Future of Insurance’.
About InsurTech NY
InsurTech NY is a resource center for the insurance innovation community in the New York metropolitan region and beyond. Its mission is to help support the insurance industry take advantage of the latest digital technology to improve efficiencies and increase revenue, and be ready for the inevitable digital transformation. They do this through their public events, corporate innovation program, competition, accelerator, MGA lab and the venture fund.
About Insurance Evolution Partners
Insurance Evolution Partners is an insurance consultancy that advises carriers and their partners on how to navigate an evolving industry facing disruption and change.
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