July 29, 2020 – by Mark Breading, Strategy Meets Action – I’ve never been a big fan of the term 'disruption.' I believe that in the InsurTech world, a majority of the startups are partnering with incumbents to enable industry transformation.They are catalysts for change, to be sure.But few are truly turning the industry on its head.
For instance, Lemonade has positioned itself as a disruptor, and with its spectacular IPO, it has the attention of the insurance world.I believe Lemonade has been good for the industry.But I think that Tesla has the potential to be even more of a disruptor in the long run.
Health Insurance USAPublisher: Insurance Canada