The insure tech gold rush has been brewing for a few years now and is running full steam. All of the big VC's and even Mark Cuban are making their picks as to how "InsureTech" can disrupt the industry. My background is a mix of the insurance world and the IT world.
Why? The industry is plagued with poor technology utilization, deceptive marketing practices, deceptive insurance agents, misrepresentation by insurance companies, and complete lack of clarity. Consumers are tired of the same old thing but with a new fancy moniker of it being "InsureTech". Almost every startup which has been backed by well known VC's and even the likes of Mark Cuban makes me wonder what they are thinking. Google stuck their toe in the water and gave up in less than 2 years. No one has come forward with a real vision of not only something new, but something new that is "fucking extraordinary".
What I have is a long term vision, a step by step plan, and a cohesive use of multiple technologies to do something no one else has done or even seems to be trying to go. People are out their doing some similar things, but I can prove or show a non-industry insider within 10 minutes how flawed their plans are. The vision I have created is about having a working Proof of Concept throughout the deployment of each area we will take over to become the catalyst that brings the insurance companies, insurance agents, insurance brokers, and consumers together.
I have the relationships with the brokers(MGA's & MGU's), the insurance companies, and have approval and support from some large players to help unofficially in the deployment of the vision. They would be able to do this through their district sales managers as they currently do pushing other products the same way unofficially if they think it will help them or their agents.
I can pitch this, I can raise the funds, I can run the operations, and I have the vision that actually aims to take it all over in a new and groundbreaking way. What I need are the people who can design and develop the vision into a working product. I have my own insurance agency to act as a Proof of Concept and act as a transparent organization that can go beyond just a testimonial, but provide proof the concept works every step of the way.