tyrel@www.insurtechny.com

One of the most common questions we receive is, what themes matter in 2024? With ITC at our heels, there is much to process about the year behind us. So, we decided to share the themes our Carrier and Broker Members told us were important and announce our InsurTech Match and MGA Lab cohorts. [P&C] […]

While we were getting caught up from Labor Day weekend, the FTC was busy. Last Wed morning they initiated an antitrust probe against Nvidia, which now controls 80% of the AI Chip market. Nvidia’s dominant market position gives them a 78% gross margin (CNBC) and has produced hundreds of stock option millionaires following 30x stock […]

On July 21, 2024, President Biden formally resigned from running for re-election, passing the torch to a Gen Xer. Biden will be the first president to not seek two terms since LBJ in 1968. There is a lot of speculation as to what thoughts passed through his mind to make the decision. But one indisputable […]

There are now 12 accelerators, incubators, studios, and labs dedicated to growing InsurTechs globally. It is now easier than ever to build an InsurTech business. But it can be difficult to understand how one gets selected into these programs. Most of the time to the outside world, this process is shrouded in mystery. And, most […]

Is the Future in MGAs? On May 23rd, Bowhead Specialty had its IPO at $17 a share. On its first day of trading, it ended up 40%. Bowhead is one of the glimmers of hope for the pipeline of InsurTechs and insurance companies that hope to go public. But they are not the only recent […]

What’s more common in America than Heart Disease? Non-Compete Agreements Per the FTC, nearly 1 in 5 workers is bound to a non-compete. Non-competes tend to keep employees tethered to employers as the alternative is finding a job in another sector. Historically, a few states held that this employer power was against public policy. For […]

InsureTerms | Insurance Jargon, Decoded 📚 Community Resource InsureTerms Insurance jargon, decoded. No fluff, no acronyms left unexplained, just straight answers from people who actually know what they’re talking about. Contributions by Brian Casey at Troutman Pepper Locke 🔍 Premium Trust Account Most states’ insurance codes statutorily deem that insurance premiums collected by an insurance […]

This year’s Spring Conference was a success! See what all the buzz was about… MEDIA RECAP 2024 ON LINKEDIN – At InsurTech NY March 20-21, speakers on panels shared insights on embedded insurance, underwriting innovation, and innovating during core systems upgrades… Read Post IN PDF, March 22, 2024 – “Insurers had better get on board […]

Global Startup Competition Finalists Announced! With Super Tuesday behind us, we are now turning our focus to the competitive spirit within our industry. More than 30 VC and carrier judges have deliberated and selected the top nine startup competition finalists for our Global InsurTech Competition. With 149 applications, our selection process is on par with […]

InsurTech NY News: Going Bare on Homeowner’s Insurance Carriers dropping out of markets and approval of new rate increases are having unintended consequences on the homeowner’s insurance markets. Homeowners are now deciding to “go bare” and forego homeowner’s insurance completely. According to Axios, almost 40% of homes in the US are mortgage-free, so they don’t […]