Welcome back to “This Month, Amplified” as we continue the conversation in 2024!
We caught up with David Gritz, a co-founder and Managing Director of InsurTech NY and discussed unique conference formats, the evolving landscapes of electric vehicles and some ongoing drama in the property insurance space.
David highlighted the success of the InsurTech Slopes program in Switzerland, emphasizing the importance of natural environments and small invited groups in enhancing networking dynamics. This innovative approach deviates from the traditional “box-in-a-box” conference format, fostering deeper, more genuine interactions among InsurTech founders and investors.
Our conversation shifted to the challenges faced by companies like Hertz in adopting electric vehicles (EVs). David provided insights into the failure of product-market fit in this context, citing issues like range anxiety, inadequate charging infrastructure, hidden costs, and reliability concerns in extreme temperatures.
Finally, The discussion took a turn towards the property insurance market, particularly focusing on the recent decisions by companies like The Hartford and State Farm to pull out of the Californian market due to wildfire risks.