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InsurTech NY News: Do you need a DOGE?

Famously named after a meme cryptocurrency, the new Department of Government Efficiency (DOGE) has converted an apolitical tech service – US Digital Service – into a ‘digital strike team’ attracting a firestorm of attention.

That raises the question: do insurers need their version of DOGE? Data says maybe.

Per Conning, non-commission expense ratios have barely budged since 1977 (data below). And, last we checked, we have better technology today. Insurers must ruthlessly question what is necessary to deliver underwriting performance and quality claims service.

If you are looking for ideas on how to do this, we have just the place – InsurTech Spring Conference.

Find your best ideas with panels on the Impact of AI on Pricing, The Next Gen Carrier Model, the Next Phase of Automated Underwriting, and Predicting Claims Behavior with Analytics.

Event details: www.insurtechny.com/insurtech-spring-conference/

Expense Ratios by Conning Inc.

Upcoming InsurTech Community Events and Programs

(Webinar) – AI in Insurance: Beyond Automation
Mar 12, 2025 | 12:00 pm
30-minute webinar hosted in partnership with HyperExponential

InsurTech Spring Conference
Apr 2-3, 2025 | New York
1000+ influencers, 100+ speakers, 10 startup presentations, + expo hall

Executive Roundtable: Bringing AI to Reality
Apr 1, 2025 | New York
Invite-only Executive Roundtable with a unique AI focus

Building California Resilience Post Wildfires
Mar 4, 2025 | San Francisco
Hear from 3 VCs and 3 Startups on how to (re)build with resilience in mind


InsurTech NY Sponsors

Thank you to our InsurTech NY Community Sponsors

InsurTech NY Sponsors
If you are interested in sponsoring our community or our 2025 Spring Conference, send us a note at contact@insurtechny.com.

InsureTerms - Locke Lord
Our partners over at Troutman Pepper Locke (Formerly Locke Lord) will be helping to inform the community, by creating a glossary of terms used in the Insurance industry.

Life Settlement – means the secondary market sale of an in-force life insurance policy by its original owner, typically… read more

InsurTech East Coast Deals, Opportunities, and Partner Events

Discover a curated mix of InsurTech financings, exits, partnerships, opportunities, and partner events on the East Coast.


InsurTech News and Deals

Openly ($193M, Eden Global Partners): MA-based home insurance startup

Red Sky Health ($3M, Trevor Burgess): Boston-based AI-driven platform optimizing healthcare claims management

Marsh McLennan acquired New York based Acumen Solutions Group, for undisclosed sum.

Equisoft Acquired VisCalc for an undisclosed sum


Partner Events and Programs

  • ClimateTech Connect (April 15-16)
  • Global Insurance Symposium (April 15-16)
  • 2025 Resource Pro Summit (April 22-24)
  • InsurTech Hartford Symposium 2025 (April 29-30)

See more information about our partner events here:
https://www.insurtechny.com/2025-insurtech-conference-calendar/


Jobs at carrier/broker innovation and venture teams

For an up to date listing of open careers available from our members, visit our jobs page: https://www.insurtechny.com/jobs

What Type of InsurTech Research Do You Want?

We plan to publish research about InsurTech startups, venture capital and investment trends, and insurance executive strategy. Do you have an idea for research that the industry should read about? Share your ideas with us, and we can collaborate. Feel free to reach us at contact@insurtechny.com


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