2/2/2018 12:00:00 AM | less than a minute read

Do insurers understand technology businesses

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Mike Daly

Transformation, AI, Insurtech, Insurance Transformation

Get in touch

Mike Daly

Transformation, AI, Insurtech, Insurance Transformation

"A report by Techworld highlighted the apparent struggle faced by technology start-ups when looking for appropriate cover. It cited the case of blockchain trade finance start-up TradeIX, which ended up getting insurance through a fellow start-up, insurtech Digital Risks, when the traditional route didn’t work."

Terry Gangcuangco

Insurance Business UK Jan 29 2018

Does that bode well for cyber risk and autonomous vehicles?

“The insurance industry is traditionally really bad at understanding technology businesses,” claimed Ben Rose, founder of London-based Digital Risks, which insures the likes of challenger banks and sharing economy businesses.

www.insurancebusinessmag.com/...