Traditional insurers are learning from the InsurTechs. Incumbents will improve customer experience, become more digitally proficient, and partner with the best InsurTech service providers. (Shutterstock) Traditional insurers are learning from the InsurTechs. Incumbents will improve customer experience, become more digitally proficient, and partner with the best InsurTech service providers. (Shutterstock)

This has been a crazy year so far. But InsurTech fundamentals remain strong in 2020, and the outlook for the sector is positive.

The year started well for InsurTechs. Funding activity was robust in January and February, and valuation multiples were rich compared to historical levels.

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