In this video interview with The Insurer TV, Guy Carpenter’s Max Aronchick, InsurTech Center of Excellence Leader, discusses how reinsurers are interacting with insurtechs similarly to any other cedent, with underwriting profitability top of mind.
Max describes Guy Carpenter’s InsurTech Center of Excellence as a practice group for earlier-stage, digitally-enabled companies. He goes on to explain how the bulk of the COE’s work is focused on “execution” for clients defining themselves as insurtechs, including carriers and managing general agents (MGAs).
“Our role is to meet them where they are, in whatever lifecycle moment they might have, from pre-revenue to IPO and everything in between, and also deliver the totality of services that Marsh McLennan more broadly can deliver to our clients.”