Investing in InsurTech – Fad or Long-term Value

Until 2016, InsurTech was not on the map. That trend quickly changed as investments in InsurTech and enabling insurance startups raised over $2.7B in 2017 (FinTech Global). While this number pales in comparison to the almost $40B invested in FinTech in 2017 (FinTech Global), it shows there is a large amount of activity. Global insurers and reinsurers are waking up to a changing world and a changing demographic where the value of their data and the stores of their capital are no longer a differentiator. The rise of millennial insurance buyers and digital economy is forcing insurers to start transformations, buy new technologies, or bet on their future with some InsurTech investments. This panel discussion will review the current market for investing in InsurTech. Further, it will discuss whether the change in the attitude towards investing in InsurTech startups just short-term fad or the path forward to evolve the insurance industry fundamentally. Join our panelists from a diverse set of Venture Capital and Insurance-based Corporate Venture Capital groups to discuss the trends and more importantly, the staying power of InsurTech investing.

Agenda:

  • 6:00 pm Registration & Networking
  • 6:30 pm Panel Discussion
  • 7:30 pm Networking & Refershments

Panelists:

Steven Ueng – VP, Principal Investments & Acquisitions at SwissRe

Investor responsible for early-stage and M&A deals for SwissRe. Steven has held roles in private equity and investment banking at Citi, J.P. Morgan, and RSC Capital.

Nitya Rajendran- Senior Associate at Tribeca Venture Partners

Board observer at ACV Auctions and Domio. Former investment banker at Lazard and Ops director at Social Innovation Fund.

Adam Myers – SVP, Strategic Ventures at Guardian Life

Investor responsible for sourcing early-stage technology for Guardian. Adam has held roles in corporate finance and leveraged finance at Houlihan Lokey and CIBC.

Farron Blanc – InsurTech Angel Investor and Founder of MeetGerry

Innovator responsible for leading digital transformation and fostering new insurance businesses enabled by next-gen technology and models. Former head of innovation at RGAx and founder of August Era VC Fund.

Moderator:

David Gritz – Cofounder at StartupOwl and Co-organizer at InsurTech NY

Startup advisor with a track record helping startups go from Seed Stage to Series A. David leads innovation programs for the Silicon Valley Insurance Accelerator (SVIA) and has mentored and advised more than a dozen InsurTech startups.

Sponsors:

McCarter & English
StartupOwl.co
Livegenic
Black Bear Life

August 22nd 2019

06:00 pm - 08:00 pm


Location

McCarter & English, LLP 825 Eighth Ave., 31st Fl. New York, NY 10019