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For insurance startups, it's important to have a partner who has an agile, innovative solution that can rapidly get your ideas to market without using a large portion of your seed or launch capital. (Photo: Shutterstock)

InsurTech is rapidly growing and evolving with a wide array of new startups; from technology companies serving the industry, to new distribution and insurance companies meeting new customer and risk needs.

These organizations are, as a group, innovative, creative, surprising and competitive. Many insurers are either funding startups, launching their own startups, or in discussions with startups regarding potential collaborations. Some of them have a great idea, but they are just a few technology steps away from being able to carry it out in having an agile, innovative back end system.

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