During, “The View from Venture Capital,” at the Digital Insurance DIGIN conference, Dec. 10, three experts involved in venture capital firms discussed what they look for when funding a company and what’s ahead for the industry.

In 2021, the insurance industry reckoned with the broad impact of the COVID-19 pandemic. Appropriately, 2022 will need to be the year that agencies and carriers pivot from reacting and surviving to implement new strategies for success.

There’s no denying that working with startups entails risk. Plenty of newer insurtechs have technology that’s too underdeveloped, a value proposition that’s too undefined or leadership that’s too inexperienced to overcome the gauntlet of obstacles that stands between startups and success.

Wyshbox is the marketing name for Wysh Life and Health Insurance, which provides term life insurance for consumers with digital customized plans.

In other news: Chubb teams up with Betterfly in Latin America; Franklin Mutual partners with vipHomeLink; Aon announces last-mile insurance with CarrierHQ.

Chubb Ltd. is joining with insurance-tech startup Betterfly for offerings in Mexico, Colombia, Ecuador, Chile and Argentina as the companies seek to tap into under-served Latin American markets.

As the wave of SPAC mergers crested in the past two years, startups that chose this path found it difficult to keep up with more established companies and investor expectations. The insurtech companies that went this route are not exempt from experiencing that strain.