Investments

It's no surprise that neither traditional nor digital insurers want to miss out on the opportunity ESG provides.

The Global Insurtech Report highlights sector investments, which are up from the last quarter of 2022.

Insurers are being forced to rethink their approach to climate change as they assess the risk of being sued for antitrust violations.

Joyn Insurance's partnership with Commit allowed the company to launch its platform amidst a downturn of insurtech investments.

For example, ethics training can help organizations define unfair bias in the context of AI models.

For example, a smart contract-enabled parametric insurance product could be designed to automatically pay out to farmers in the event of a drought.

Higher risks in catastrophe insurance tighten market that depends on alignment of multiple parties

Key market drivers that are set to shape the industry and practical tips for managing the change.

We expect the absolute growth of this market to be a key factor encouraging more investor participation.

Digital Insurance spoke with Joel Albarella, founder and head of New York Life Ventures