I was pleased to attend InsurTech Hartford’s "Ecosystems & Platforms" event on behalf of Bindable last week.  Strong speakers, great networking and perceptive panel discussions led to an insightful event about the urgency of insurance ecosystems and how to use them for long-term growth. Here's a recap of some of what was discussed.

I had the pleasure of attending last week’s in-person (!) Digital Insurance event in San Diego. It was wonderful to close out the year by seeing, meeting, and learning from some of the best of the best in the industry.

In the latest episode of our podcast, UNBIND with Bindable, I got to sit down with the Head of Global Technology Innovation at AXA XL, Stacey Brown, an insurance technology veteran.

Last week’s InsureTech Connect was an event almost two years in the making and one that certainly did not disappoint. With more than 5,000 people attending the show, it could easily be referred to as InsureTech REconnect with the number of familiar friendly faces I saw for the first time in way too long. I, of course, also enjoyed getting to see and meet some new ones while there too!

Today, the insurance industry has more tools and technology available than ever before,  — so it’s no surprise that business models and processes are changing quickly. Staying relevant is dependent upon meeting rapidly changing customer preferences and differentiating from a growing competitive landscape. Leaders and teams from all organizations must critically look at their business processes to unveil opportunities for digital transformation.

However, while change is clearly inevitable, success is not. In fact, a staggering 70% of digital transformation projects actually fail. In a world that calls for consistent and disruptive change, business leaders don’t need to ask themselves what to do (we know the answer is transform), but how to do it.

Opportunities exist for insurers and alternative distribution channels across lines of business.

When we partnered with iptiQ Americas by SwissRe, we knew we wanted to take the opportunity to speak with Phil Walker, CEO of iptiQ, and Bill Suneson, CEO of Bindable for our very first video podcast of UNBIND with Bindable. The premise of UNBIND is to understand, uncover, and really dig into what is happening in insurance and get tangible examples and insights for our audience directly from the leaders in our space. 

Bindable, an insurance technology company and national digital agency, announced today a partnership with NFP, the 10th largest property and casualty brokerage in the United States according to Insurance Journal. The collaboration will power NFP’s new online storefront, which will offer auto, homeowners, renters, home warranty, and more. NFP will also utilize Policy Crusher®—Bindable’s SaaS platform and CRM—in its agency.