“Insurtechs are particularly guilty of talking to other startups and telling each other how amazing they are, when they should be learning the vocabulary of the people buying their products — insurance companies — and trying to explain their offerings to them.”
“Insured pays carrier, carrier pays commission. But there are these simultaneous loops always running and all of those systems are disparate. And as a result, all of those points of contact create friction, and friction is being dealt with by people today.”
Risk & Insurance editor-in-chief Dan Reynolds sat down with Nan-Wei Gong and Scott Sexton of FIGUR8 to discuss how they’re working to standardize and codify data that can help care teams better gauge an injured workers’ musculoskeletal recovery process.
In conversation with Risk & Insurance editor-in-chief Dan Reynolds, the eMaxx group CEO discussed the firm’s business model, the impact of technological innovations and the state of talent in the captive insurance industry.