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Healthcare

InsurTech Startups Strive to Reinvent Insurance

Technology is starting to transform insurance. The industry may be conservative, but we're seeing innovation ranging from new health underwriters (like Oscar, whose CEO speaks at Techonomy NYC May 17), to a Scottish company that insures borrowed cars on a per-hour basis.   More

Healthcare

A Health Insurance Company That Looks Like a Tech Startup

Imagine a future in which people are as loyal to the brand that provides their health insurance as they are to the one that makes their favorite tech gadget, search engine, or social media platform. If $30 million from Peter Thiel's Founders Fund and a team of ex-Facebook, Google, Spotify, and Tumblr engineers succeed, the old guard of health insurance companies will have to step up the innovation and tech quotient to compete. New York Magazine this week describes Oscar, the year-old Soho-based "tech-driven” health insurance company founded by three Harvard Business School buddies, as a serious threat to the status quo, with a "faster and more efficient infrastructure" than any of the big insurers offer.   More