InsurTech
4 statements across 2 episodes · 1 bullish · 3 bearish · 2 people on the record · first statement Jan 18, 2019 by Assaf Wand · across every show →
Everything said about InsurTech, oldest first
Jan 18, 2019 negative
Wand: InsurTech startups look one funding round earlier than they actually are
“In general, what happened, and this is my view for InsurTech, is There's a lot of interest and demand, and a lot of players actually wants to do something in this field. However, every company looks one round earlier than it should be. What I mean is that a co…”
Jan 18, 2019 positive
Wand: Disregard for structure drives Israeli entrepreneurs into insurtech
“As Israelis, we don't have a lot of respect to structures, which is maybe why there's a lot of Israelis working in insurtech, because it's a regulated industry, and to begin with, we don't have a lot of values to regulated industries.”
Jan 18, 2019 negative
Wand: VCs undervalue InsurTechs because they misunderstand insurance de-risking mechanics
“VCs don't really understand insurance. So they don't understand the risking that was done behind the scene. To lower the risk and actually bring you to have a customer. They don't understand how you manage your claims, and what you've done on the reinsurance, …”
Mar 4, 2023 negative
Somerville: Picking category winners in weak sectors yields poor growth-stage returns
“You can pick a winner in a bad category, and you can still really not do well if you're entering in at a growth phase. I think we've picked some companies that have proven to be the category leader, but if it's in an area like InsureTech, or areas of PropTech,…”