
Enabling Incumbents: How Startups Can Best Work with Large Insurance Companies
Track: Innovation in Action Track
Date Presented: September 21 2022
Description:
Startup enablers have been growing across the insurance industry. This trend is going to continue as insurance incumbents acknowledge the importance in integrating innovation through startup partnerships, rather than developing the technology internally.
At the same time, startups recognize the value in partnering with incumbents as an opportunity to improve their product offering, thus creating the ultimate win for policyholders.
In this panel, you will:
-learn why this ‘enabling trend’ is happening and how it benefits startups and incumbents
-hear the testimonial from a startup founder that has successfully partnered with an incumbent
-listen to the incumbent’s perspective on the ingredients for a successful partnership with startups
Speakers:
Sean Madgett, Vice President, New York Life Ventures
Ron Gura, CEO & Co-Founder, Empathy
Stephanie Khoo, Partner, NYCA Partners
Kristina Welke, VP and Head of Product, New York Life Group Benefit Solutions