1. Future Changes in the Insurance Marketplace: Implications for the Insurance Business
Observations by Experts
Innovation & Disruption
What is driving changes in the Insurance Industry
Why is the insurance industry vulnerable to disruption?

2. What Will Insurance Companies & the Industry Look Like in the Future
Management
Employees
Technology
New/Different Business Models
Different Distribution Systems

3. Traditional Insurers

4. InsureTech Funding

5. InsurTech Spending $8.5B in spending & 599 deals from 2014-2018
Investment doubled from 2017 ($1.6B) to 2018 ($3.2B)

7. InsurTech Investor Universe
Willis Re Q1 2018
InsurTech Investor Universe

8. InsurTech Investor Universe (con’t)
Willis Re Q1 2018
InsurTech Investor Universe (con’t)

9. How Big Tech Flirted with Insurance in 2018 (Insurance Journal, 1/2/19)

10. 80 InsurTech Firms Shaking up the Trillion-Dollar Insurance Industry
--Medici Team (March 9, 2016)

11. Digital Insurance Platform
Controls for conflicts of Interest
Various
Business
Models
Digital Insurance Platform
(the future of the industry)
Sensors to Determine exposure/loss
Charities
Parametric Triggers
Qualifying Risk Groups
Ownership
Insurers
Insurers
Customers
Insurers
Customers
Customers
Insurers
Insurers
Insurers
Customers
Customers
Insurers
Customers
Customers
Insurers
Insurers
Customers
Insurers
Customers
Insurers
Insurers
Customers
Blockchain AI
Computer Learning
Big Data
Technology

12. THIS IS THE PROBLEM Digital Insurance Platform
Controls for conflicts of Interest
Various
Business
Models
Digital Insurance Platform
(the future of the industry)
THIS IS THE PROBLEM
Sensors to Determine exposure/loss
Charities
Parametric Triggers
Qualifying Risk Groups
Ownership
Insurers
Insurers
Customers
Insurers
Customers
Customers
Insurers
Insurers
Insurers
Customers
Customers
Insurers
Customers
Customers
Insurers
Insurers
Customers
Insurers
Customers
Insurers
Insurers
Customers
Blockchain AI
Computer Learning
Big Data
Technology

13. The Elephant
in the Room

14. The Public has a strong negative perception of the insurance industry.
The Urban Dictionary defines insurance as:
A business that involves selling people promises to pay later that are never fulfilled.