Some InsurTech startups that built their own digital insurance platforms have struggled when faced with the necessity to re-create the functionality found in modern legacy systems. (Adobe Stock/ALM Media archives) Some InsurTech startups that built their own digital insurance platforms have struggled when faced with the necessity to re-create the functionality found in modern legacy systems. (Adobe Stock/ALM Media archives)

The thrall of InsurTech and the possibilities it presents for innovating customer experiences and products and supporting emerging business models has had a firm grip on the imaginations of P&C insurance industry players.

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