LAS VEGAS — If you think you've heard all there is about tech-driven innovation in insurance, think again.
"We've only begun to scratch the surface," Cedent Chairman and CEO Michael Coles said during a plenary session that he moderated on Tues., Oct. 3 during InsureTech Connect at Caesars Palace in Las Vegas, an event billed by organizers as "the largest and most global gathering of insurance innovators to come together under one roof."
Although hearts were heavy and spirits dampened in a generally bright and buoyant town following the deadly Route 91 country music concert shooting just days beforehand, InsureTech Connect organizers said that grisly happening chased away only a fraction of their originally scheduled attendees. They expected roughly 3,000 insurance entrepreneurs, investors and incumbents at this year's show.
Satellite imagery
It follows that Coles, who interviewed Orbital Insight CEO James Crawford about the many ways that satellite imagery is impacting insurance, surmised that "some 5,000 elevator pitches" would happen during InsureTech Connect 2017.
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