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PERSPECTIVES


Michael Costonis:
Partners in
Disruption—
Realizing
Insurtech
Opportunities

IGNITING INNOVATION IN INSURANCE

The insurance industry is facing disruption like it’s never experienced before. As innovative insurtechs explore more opportunities outside of personal lines, traditional insurers should be ready for change and collaboration with new entrants. In this three-part video series Accenture’s Global Insurance Lead Michael Costonis shares his perspectives on opportunities with insurtech.

Perspectives from InsureTech Connect 2017

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Rather than looking at them [insurtechs] as a threat or something that could potentially challenge their [traditional insurers] business models, they are now bringing them closer to figure out how they can work together to execute their strategies.

Insurtech Opportunities in Personal, Commercial and Life Insurance

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I think the combination of looking at distribution and pricing can really change the commercial market.

The Key to Successful Insurtech Partnerships

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The key to an effective partnership is agreeing on the outcome you are looking to achieve by adopting a relationship within Insurtech.