It’s no secret that the Silicon Valley is a hub for tech disruptors and innovators who are reinventing, reshaping and influencing change in every industry they touch. With the insurance world at a tipping point of major change, the visionaries of the valley have a keen and seemingly growing interest in the industry. As a company that’s both facilitating and embracing the inevitable change, we were eager to get a first-hand look at how Silicon Valley is approaching the world of insurance. So, an intrepid team from The LOGiQ3 Group, including Chris Murumets (CEO and Co-founder of LOGiQ3 Group, Tonya Blackmore (CEO of APEXA), Tom Freitas (CEO of TAI) and myself, took a field trip to the valley with three objectives in mind.
First, understand the Valley’s approach to insurance. Second tell the LOGiQ3 story and get feedback on what we’ve been up to over the past ten years. And last but not least, identify potential partners to enable LOGiQ3 to become part of the Valley ecosystem – without physically relocating everyone to California (although Tonya and I have a bet as to who is going to live there first!). The results? We left energized, excited and eager to dive into the future outlook of the insurance industry. Find out why below.