Though we’ve long been poised for digital disruption in the insurance industry, greater technological capabilities have quickly become a necessity in the wake of the pandemic, emerging markets, developing economies and changing consumer demands — among a host of other events.

There’s no doubt 2022 has been a challenging year for the InsurTech community. While we’re certainly not immune to the industry headwinds, thanks to our dedicated team at Bindable and an amazing group of business partners, we’re extremely grateful to have had another year of success. Here are some of the highlights from the past year:

Recently we spoke with Zach Shefska, CEO of Car Edge, to learn more about his company, his role, and his experience working with the Bindable team. Read what he had to share!

The insurance industry is experiencing a hardening market right now. That means the market cycle is on an upswing, premiums are increasing, and carriers’ capacity for most types of risk is decreasing. While there are various opinions about what a hard market looks like in comparison to a soft market, its underlying causes and repercussions are universally agreed upon.

This summer, Bindable launched its first-ever “official” internship program! We are so lucky to have five extremely talented and hardworking interns, all from Northeastern University in Boston, who have joined our team through the end of the year: Pooja, Aamrah, Bhumi, Eric, and Alisha. 

Bindable is honored to announce that we've been named to the 2022 InsurTech100 list produced by FinTech Global.  This recognition highlights the most innovative InsurTechs transforming the industry across the globe. 

Product and project management are often viewed as two sides of the same coin. These two roles collaborate quite closely, but have distinct and separate responsibilities that complement one another. This can lead to some confusion, and for good reason! It’s not uncommon for one person to take on both mantles, but a differentiated approach to each role can go a long way.