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\u201cClaims is one of the ripe areas (particularly in the short and medium term) for application of technologies.\u201d - Caribou Honig

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There are distinct categories in the world of insurance.

You have the incumbent carriers, the giant Googles and Amazons, and then the niche insuretechs like Hover and Lemonade. How these three species of company interact with each other is the dance we are witnessing today.

That\u2019s why on today\u2019s episode of the FNO: InsureTech, we are joined by the godfather of insuretech, Caribou Honig. Caribou is one of the cofounders of the prominent conference InsureTech Connect, and brings his expertise of all things related to insuretech\u2014from theorizing about Amazon\u2019s most recent purchase of Ring to understanding how drones have impacted the claims paradigm.

Tune in to this episode to hear Caribou\u2019s perspective, so you can more accurately view the world of insuretech.

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• Attend conferences where business gets done rather than just intellectual enjoyment
• Look at cloud computing, APIs, drones, and augmented reality as examples of technology infiltrating insurance
• An API enables the user to have both best-in-class and integrative options
• Look at the app Tomorrow as an example of a fintech-insuretech hybrid
• Many non-insurance companies want to be in the supply chain to serve insurance providers
• Keep an eye on the big moves Google, Amazon, and Apple are making to understand how they\u2019re approaching the insurance industry
• Understand that carriers themselves want to adopt new technology faster they are
• Build muscles for both risk management and risk-taking

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Fourseventy Claim Management

www.470claims.com