What is InsurTech? Intersection of Insurance and Tech

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The document defines InsurTech as the intersection of traditional insurance and business innovation paired with new technology. It is authored by Karl Heinz Passler, an InsurTech thought leader, startup scout, and product manager. The document is intended to explain InsurTech to those working in traditional insurance, accelerators/incubators, and entrepreneurs seeking to change the insurance industry through new technologies.

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http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
WHAT IS INSURTECH?
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http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
Karl Heinz Passler
• Startup Scout & Product Manager

• Top 10 Global InsurTech Inﬂuencer

• Co-Author of The InsurTECH Book
>> karlheinzpassler.com
InsurTech ThoughtLeader
©2019AllRightsReservedbyKarlHeinzPassler
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http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
This Is For
Insurance Innovators
Scouts, Mentors and Coaches

• In traditional insurance corporations

• In Accelerators and Incubators

Investors and Analysts

• Engaging with InsurTech Startups

Entrepreneurs
• Changing the status of insurance
©2019AllRightsReservedbyKarlHeinzPassler

http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
WHAT IS INSURTECH?
http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
Hint: It’s the intersection of two domains

http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
InsurTech is the
intersection of two
distinct domains
Insur
Tech
Traditional

Insurance
Innovation &

Technology

http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
Domain No. 1
Traditional
Insurance
Insur
Tech
Traditional

Insurance
Innovation &

Technology

http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
Insur
Tech
Traditional

Insurance
Innovation &

Technology

http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
Domain No. 2
Innovation &
Technology
Insur
Tech
Traditional

Insurance
Innovation &

Technology

http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
InsurTech is what happens
at the intersection
of traditional insurance
and business innovation
paired with new
technology.
Insur
Tech
Traditional

Insurance
Innovation &

Technology

http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
Examples
InsurTech in Action
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Carriers
Intermediaries
Enablers
Insur
Tech
Traditional

Insurance
Innovation &

Technology

http://karlheinzpassler.com© 2019 All Rights Reserved by Karl Heinz Passler
Karl Heinz Passler
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mailing list:
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InsurTech ThoughtLeader
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