I wrote this post in October 2021 about the fairy tale of VC-disruption of the insurance industry. I believe the thrust of this post remains true if I rewrote it focusing on insurers (and other industries) using AI technology applications ... “History Doesn’t Repeat Itself, but It Often Rhymes” – Mark Twain Insurance firms, both… Continue reading The Emperor Still Has No Clothes (Insurers Who Believe in VC-Driven Industry Disruption Are The Emperor)
Tag: Disruption
Technology Can Not Replace Insurance Brokers
There is a great deal of investment activity in the insurance industry. Hundreds of startup firms, insurance and technology firms, have come - and continue to come - to the insurance market. I distinguish the two types of startups by using a very straightforward - and I believe a black-and-white legal - perspective: if a… Continue reading Technology Can Not Replace Insurance Brokers
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