War Stories Working with InsurTech Startups
About this Event
InsurTech NY Event
Working with InsurTech startups has quickly become the mantra of insurance innovation leaders & forward-thinking business units. However, it goes without saying - how do you do it?
Procurement departments & budgeting cycles for legacy carriers & brokers are designed to work with large vendors like IBM, Guidewire, & Corelogic. Further, startups typically run on a clock-cycle of weeks or months, which does not match the traditional quarterly planning process.
To overcome these hurdles, carriers & brokers often have to develop creative workarounds to be startup-friendly. The traditional bridge has been for an innovation group to manage a proof of concept or POC to introduce the startup into the organization. This POC process fails more than 75% of the time.
Hear war stories from InsurTechs & insurance carriers with experience working on these projects. Panelists from insurers & InsurTechs will discuss how to make it through the process & what happens after a successful POC.
(Complimentary hors d'oeuvres & drinks will be served)
5:30 pm Registration & Networking
6:00 pm Panel Discussion
7:00 pm Networking & Refreshments
We are pulling together a cast of technologists & founders that have been in the trenches & been through the entire process. More great panelists to be announced.
Victor Dan - Director of Strategy at Prudential
Strategy, & M&A expert. As part of strategic initiatives group of Prudential's Individual Solutions Group, Victor oversaw the $2.35B acquisition of Assurance IQ.
Zander Steele - Director of Enterprise Sales at HyperScience
Technical sales leader & engineer. Transforming insurance document processing using machine learning. Zander is responsible for all POC efforts.
Olek Shestakov - CEO & Chairman of Livegenic
Founder of claims platform used in four continents with 20+ carriers. Featured speaker at Guidewire Connect & SVIA
Megan Protas - Director of New York Life Ventures
Responsible for sourcing emerging startup technologies to business units as part New York life venture team, which has made 40+ investments & 100+ POCs since 2012.
InsurTechNY's mission is to bring together carriers, brokers, startups, & investors to help accelerate digital transformation of the Insurance industry in greater New York region. We do this by facilitating new relationships & sharing insights from influencers within the industry through hosting 6 educational & networking events a year (est. every 2 months). Please visit our website, www.InsurTechNY.com for more details.
Last InsurTechNY event
Our last InsurTechNY event was on October 22, & we hosted close to 100 people for a sold out event on Customer Engagement & Future of Distribution. Influencers from Carriers/Brokers such as AXA, AIG, Swiss Re, All Risks & InsurTech startups such as Slice, Optimity, & Wenalyze & investors from ManchesterStory, Overlook Rock, & IA Capital attended the event from the greater NY region & beyond.
Video & pictures from the event below:
Video: Panel on Youtube