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July 14 2023

Merlin Beyts – InsureTech Connect – ITC DIA Europe

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Over in Barcelona, Merlin Beyts, Head of Content at InsureTech Connect, provides valuable insights into the company and the current trends highlighted within the industry.

ITC DIA is a leading InsurTech event that brings together insurance industry professionals, innovators, and thought leaders to discuss and showcase the latest advancements and trends in the insurance technology space. It provides a platform for networking, knowledge sharing, and collaboration to drive innovation and digital transformation in the insurance sector.

“There is a dip in investment, that’s no secret. But what’s really happening is there’s still capital, there’s still a willingness to invest … But when they allocate capital, they aren’t diversifying it as much as they used to. Instead of putting 50 million into three different InsureTechs, they’re putting 20 million into one, for example.”

“The insurance industry isn’t judged against its competitors. If you’re an insurance carrier, you’re judged against tech companies. That’s what your customer experience is judged against.”

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