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A survey found that only a third of carriers are working with “ecosystem partners”.
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The company set up its innovation lab last year in a bid to bring new technology to the broking landscape.
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The French reinsurer is providing paper to support bundled homeowners and auto policies underwritten by the InsurTech. -
John Cashin said the legacy space is too complex to be easily tackled with technology solutions.
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"We’ve got skills, capital, distribution and knowledge” to maintain dominance, the executive said.
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Listing plans are “definitely in our future”, CEO Dan Preston said.
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Risk Exchange is one of several new industry initiatives launched in a bid to speed up placements and cut expenses.
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The president of Allstate personal lines opened the InsurTech Connect conference in Las Vegas on Tuesday.
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The commercial insurance technology investor counts Lockton among its investors.
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The Sompo and Munich Re-backed startup is planning to focus on business partnerships.
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Previous reports said OneConnect had planned to IPO in Hong Kong.
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The new platform will work with Google and target sectors such as the shared economy.
