InsurTech NY

🚀 Startup Spotlight: Ric Platform Services – A Pioneer in Parametric Insurance 🌍 As featured in Digital Insurance's "2025 P&C Trends to Watch," RIC Platform Services, part of our InsurTech NY 2024 MGA Lab Cohort, is at the forefront of the evolving insurance landscape. Their innovative approach to #parametric insurance is setting new standards in addressing climate-related challenges. 🌞 Innovative Product Highlight: RIC has developed a cutting-edge extreme heat product that not only addresses risk management but also integrates a decarbonization component. This product is crucial for utility companies focused on mitigating climate change impacts. 🌱 RIC's parametric insurance products align with utility companies' efforts to prioritize and protect assets against natural hazards, enhancing resilience and supporting broader environmental objectives. 📣 Join us in celebrating their achievements and stay tuned for what they have in store for the future! #ParametricInsurance #ClimateChange #InsurTechNY #UtilitySector #Decarbonization #RiskManagement

🌟 Testimonial Spotlight from InsurTech Conference 2024! 🌟 🗣️ "This is the kickoff for the InsurTech conference season. It's all about the content and connections" shares Jason Gross, ManchesterStory. 🔗 Key Highlights from Jason: 1️⃣ Reconnecting with Industry Friends: This business is built on relationships, making it more important than ever to catch up with industry friends and forge new connections. 2️⃣ Building Business Connections: A prime opportunity to connect with the people driving innovation in InsurTech. Jason underscored the importance of attending events like this—and his sentiments were echoed by so many other attendees who left with valuable takeaways and relationships. 👀 For those watching from afar, take Jason's advice: "Plan to be here next year; it's a must-visit event." 🎟️ Be sure to register for our 2025 Spring Conference —don’t miss out on the opportunity to be part of the vibrant community shaping the future of InsurTech. Link in the comments! #InsurTech #Networking #BusinessGrowth #ConferenceHighlights

🎁 Holiday Gift Alert for InsurTech Enthusiasts! 🎉 Have you finished your holiday shopping but forgotten to treat yourself? We’ve got the perfect gift for you! Use code FASTMOVER35 for a 35% discount on our 6th Annual Spring Conference. This offer lasts until January 16th—don’t miss out! 🚀 Event Details: Dates: April 2-3, 2025 Location: NYC 🌐 Join leaders from traditional insurance, innovative InsurTech startups, savvy investors, and other industry solution providers. Our dual-track agenda covers: -Property and Casualty -Life and Health Plus, don’t miss the chance to see the top ten startups from a pool of over 100+ applicants as they pitch to a panel of investors! 🎟️ Register now at the link in the comments. Will we see you there? #InsurTechConference #InsurTech #InsuranceIndustry #StartupCompetition

🚀 Exclusive Market Research Alert: Startup MGAs in Focus! 🚀 🔍 Together with ReSource Pro, we at InsurTech NY are excited to unveil our latest collaborative market research on startup MGAs. Explore the intricacies of this dynamic sector, vital to the insurance landscape. Highlights from the Study: -Sector Analysis: Discover how startup MGAs are maturing, including their operations and technology adoption. -Operational Insights: Data-driven insights from 50 MGAs reveal trends in business models, capital strategies, and growth metrics. -Innovation Spotlight: Learn how MGAs are pioneering in specialty lines and modern models like parametric and embedded insurance. -Tech Advancements: Over half of the MGAs use custom tech solutions to enhance operational efficiency. -Scaling Challenges: Explore the distribution strategies MGAs employ and their obstacles to scaling effectively. 💡 Whether you're looking to start an MGA or an industry veteran, these insights can guide strategic decisions and foster innovation in your operations. 📥 Download the Full Report: Curious to learn more? Download the full report at the link in the comments and let us know your key takeaways! #InsurTechNY #MGA #InsuranceInnovation #MarketResearch #InsurTech

🚨 Healthcare Paradox Explored in "This Month, Amplified" 🚨 In the latest InsurTech Amplified episode, David Gritz and Michael Waitze explore the U.S. healthcare system—a world leader in medical innovation but troubled by inefficiency and inequity. 🏥 Key Takeaways: -Doctor Shortage: High education costs restrict doctor availability, impacting patient care. -Hospital Operations: Profit motives lead to confusing pricing structures. Insurance Model: Health insurers' cost-plus models complicate affordability. 🌍 The episode also addresses the public's growing frustration, highlighted by the recent tragic event involving United Healthcare’s CEO. While violence is never a solution, it signals the urgent need for systemic reform. 💡 David emphasizes, "The solution isn’t violence; it’s economics." He advocates for: -Increasing doctor supply -Dismantling oligopolistic hospital structures -Empowering patients with essential knowledge 🎧 For a comprehensive discussion on transforming these challenges into opportunities for improvement, listen to the full episode linked in the comments. #HealthcareInnovation #SystemReform #InsurTechNY #ThisMonthAmplified

Thrilled to share that Ric Platform Services , alongside InsurTech NY, has been invited to present at the (Re)Insurance Showcase on Tuesday, December 10th, at 12 p.m. This event, launched by NYSERDA as part of their $5 million Insurance Innovation Prize initiative, highlights groundbreaking insurance products supporting the energy transition. 🌍 We’ll be presenting our #parametricextremeheat product, a crucial step toward building a more resilient future. As we’ve seen, it’s not just flood insurance that communities need—extreme heat is intensifying flood events and creating compounding challenges. To truly serve communities, we need a marketplace of climate insurance products that address interconnected risks and empower consumers. Join us for this important conversation about innovation in insurance and the energy transition. 👉 Register here: https://lnkd.in/ggVNTgGW Daniel Murphy Nathan Shuler InnSure Ann Boger Bramble and Bird Consulting Premiums for the Planet Sara Brown Amber Hamilton (she/her) RISE Resilience Innovations Insurance for Good Climate Resilience for All David Gritz Roi H. Tony L. InnSure Benjamin McNeil Ibbi Almufti ClimateTech Connect Stephen Brandt John Willemsen Somil Jain, FCAS Mike Scholl Layla T. Atya Steve Genett John Przedpelski #InsurTech #ClimateResilience #ExtremeHeat #Innovation #Insurance #EnergyTransition #parametric

🎉 Throwback to an amazing night at our sixth Founder's Dinner at NIZUC Restaurant in NYC! Thanks to everyone who made it memorable! 🌟 Here's to more innovation and connections. Keep an eye on our page for the next event—you won't want to miss it!

🔗 2025 Spring Conference Preview: Expanding on Core System Innovations 🛠️ 🌟 Last year at our Spring Conference, we tackled innovating during core system updates. Next year, we're taking this discussion even further! 🎤 Featured Panel Recap: James M. Benham | JBKnowledge, Co-Founder & CEO Basil Morris | The Hanover Insurance Group, Chief Strategy Officer Roseanne Laudisio | NIP Group, CIO Kaenan Hertz | Ahoy! Insurance, Chief Insurance Officer 📈 The conversation underscored the necessity of continuous innovation within core systems to stay competitive in the rapidly evolving insurance landscape. 📅 Don’t miss the expanded discussions and fresh insights at our Spring 2025 Conference. Register now to secure your spot in these critical conversations that shape the future of insurance tech. 🔗 Register at the link in the comments! #InsuranceTech #SpringConference #SystemInnovation #InsurTech

🍁 Thanksgiving Day Shout-Out! 🍂 Today, whether you celebrate Thanksgiving or not, we at InsurTech NY want to take a moment to express our gratitude. 🙏 We're incredibly thankful for our vibrant community and the dedicated team working tirelessly behind the scenes. Your support and collaboration make InsurTech NY the dynamic hub it is today! Here’s to continued innovation and success together. Have a wonderful day, filled with gratitude and good company! #Thanksgiving #Gratitude #InsurTechNY #CommunitySpirit

🌟 Event Recap: "Leveraging the Latest AgentTech" – A Milestone for Insurance Agents! November 5th marked a transformative day for insurance professionals at our "Leveraging the Latest AgentTech" event. Designed for insurance agents eager to enhance their productivity and growth, the event delivered a treasure trove of insights and strategies tailored for today’s digital landscape. 💡 Key Takeaways: - Addressing Pain Points: We tackled challenges faced by agencies of all sizes, providing tailored solutions that resonate across the spectrum. - Agent Dynamics: Our discussions compared the operational and strategic differences between independent agents and national brokerages. - Tech Transformation: The spotlight on defining the ideal broker tech stack provided agents with the tools needed to modernize efficiently. - Talent Attraction: Strategies to attract Millennial and Gen Z talent were explored, emphasizing the importance of adapting to the changing workforce. These insights came straight from our insurance proffesionals/panelists: seth zaremba | Scott Knowles | Matthew Wood | Lisa Lounsbury, CAE, AAI, AIS | Casey Nelson | Garrett Koehn | S. Sahar Omrani | Zachary Lerner Robert (Rob) M Bowen Jr | Denise Campbell This event wasn’t just about learning; it was about taking actionable steps toward a brighter, more efficient future in insurance. Stay tuned for our next gathering and ensure you’re part of the movement redefining the insurance landscape! 🙌 Thank you to our partners and sponsors who made this event possible: - Big I New York MarshBerry, Insurance Brokers Association of the State of New York (IBANY) Big I Connecticut Catalyit b atomic! Locke Lord LLP Loss Scan 📣 Join us for the next one! Don’t miss out on future events that continue to push the envelope in insurance innovation. Who’s joining us next time? #InsuranceTechnology #AgentTech #InsurTech #FutureOfWork #InsuranceIndustry