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ARTICLE · 18 JULY 2017

Five Questions For Investors In Insurtech

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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Decisions you make when founding and/or investing in an insurtech venture can dictate your regulatory obligations, tax liability, operational structure and, ultimately, profitability.

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Decisions you make when founding and/or investing in an insurtech venture can dictate your regulatory obligations, tax liability, operational structure and, ultimately, profitability.

Here are five seemingly simple questions to ask when launching an insurtech venture (and do not miss question #3):

  1. What will your venture be?

Determining how you want to operate and what insurtech product you'll offer is one of your first key strategic decisions. Are you a producer? A captive? A managing general agent? A consultant? Your selection will dictate how you operate and the specific responsibilities and legal obligations applicable to you and your operations.

  1. Where will you operate?

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