Wednesday, October 21, 2020
The InsurTech landscape can be murky and difficult to navigate and this doesn’t stop when you’ve found the right partner. Having now partnered with numerous carriers across North America and heard horror stories of partnerships gone wrong, Breathe Life has pulled together some best practices on what both carriers and InsurTechs can do to ensure that they get the most out of the relationship. This includes red flags that both sides can look out for (hint - these include not being able to see and InsurTechs product and the carrier not being clear about their budget or timeline) and tips for both sides of the table to ensure contract negotiations, implementation, and the long term relationship are risk free and deliver value to everyone.
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