InsurTech Amplified
InsurTech Amplified
Theresa Blissing and Michael Waitze
July 2023, Amplified - Letters of Credit and the Implications of Vesttoo
38 minutes Posted Jul 31, 2023 at 2:28 pm.
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Show notes

Welcome to July's episode of “This Month, Amplified”! You're in for a treat as our founders, Theresa Blissing and Michael Waitze, join forces with David Gritz and Tony Lew from InsurTech NY. Together, they delve into some of the most riveting topics currently making waves within the insurance industry.

This month's discussion starts with the colossal $4 billion fraud uncovered by the Vesttoo investigation involving fake letters of credit. We delve into its impact on Vesttoo and the broader insurance-linked securities landscape.

The team also examines the recent trends in InsurTech funding, pondering over the question: are investments in the sector slowing down, and if so, why?

Lastly, we address a burning issue - the talent crisis in the insurance sector. We explore the role digital transformation might play in this shortage and probe into why insurance companies are struggling to attract talent.

Be sure to tune into this thought-provoking episode to enhance your understanding of the current dynamics in the insurance industry.