In this episode of AM BestTV from the Insurance Society of
Philadelphia's annual Philly I-Day conference, industry leaders discuss
the fear of missing out on the next Apple (News - Alert) or Amazon when it comes to
investments in technology. Click on http://www.ambest.com/v.asp?v=phillywrap419
to view the entire program.
"There is a big fear of missing out. That is a large reason why
companies are investing in insurtech right now," said Mark Purowitz,
senior partner, Deloitte (News - Alert) Consulting.
Echoing Purowitz, Jonathan Kalman, founding general partner, Eos Venture
Partners said, "Definitely, there should be concern that if insurers are
not being attentive to innovation and the use of technology to transform
the business, they will be missing out. They should have a fear and a
general level of anxiety. The fact of the matter is there is an
incredible opportunity for savvy insurers to harness technology to grow
premium and to reduce expenses."
Other executives that appear in this episode:
Recent episodes of AM BestTV include:
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View source version on businesswire.com: https://www.businesswire.com/news/home/20190415005579/en/
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