In insurtech 2.0, tech is a driving force — a tide lifting all boats — rather than just a tech sales angle. While the 1.0 cohort's heavy focus on the top-line proved a poor fit for insurance, the 2.0 generation sticks to what has worked historically: accurate risk assessment, assiduous pricing, and a focus on loss ratio — balanced against still-ambitious growth goals. (Credit: Shutterstock) In insurtech 2.0, tech is a driving force — a tide lifting all boats — rather than just a tech sales angle. While the 1.0 cohort's heavy focus on the top-line proved a poor fit for insurance, the 2.0 generation sticks to what has worked historically: accurate risk assessment, assiduous pricing, and a focus on loss ratio — balanced against still-ambitious growth goals. (Credit: Shutterstock)

A reckoning is here. After more than a decade of capital-fueled growth, the tech industry is undergoing retrenchment and a sea change in the way startups are measured and valued. This sudden shift came as a shock to operators, VCs, and rank-and-file employees alike.

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