In 2020, predicting homeowner risk goes mainstream

This contributor argues that the greatest value of InsurTech is transitioning the traditionally daunting experience from a stale one to a modern one. (Shutterstock)

Over the past year, several companies have made their mark on the insurance industry through sizable mergers and strategic acquisitions. From bold tech platforms to proactive underwriting and newcomers seeking the most significant ways to distinguish themselves from the staid pack of we’ve-always-done-it-that-way players, the industry is going through some major changes.

There have been successes as well as monumental failures, and a sense of grounding when it comes to the pace of growth for the sake of growth versus actual viability and appropriate valuations.