Patrick KosmÜtzky

May 4, 2023 | theactuary.com | Tim Smith |Lisa Balboa |Patrick KosmÜtzky

No longer in fear of a revolution, traditional life and health companies can work alongside insurtechs for mutually beneficial results, say Tim Smith, Patrick Kosmützky and Lisa Balboa. Disruption: the most overused word of the early days of insurtech. Tech-focused start-ups wanted nothing less than to revolutionise the insurance industry. This seemed not only obvious but also necessary. Why shouldn’t insurance be as easy to disrupt as other industries?