Innovation in distribution models
Plug and Play Insurance Director Ali Safavi says the accelerator is seeing a focus in the area of distribution models; anything from “helping agents or replacing agents”. Recall: Plug and Play is calling for applications for its insurtech accelerator program. Off On a Tangent: Axa UK & Ireland CEO Amanda Blanc is worried over brokers, which continue to be an important channel for the insurer yet not all are “transforming in a way that every other industry in this world is”. Bottom Line: there are brokers, and then there are brokers. And then there were fewer.