INNOVATION

Joel Albarella, Senior Vice President and head of New York Life Ventures, and Nowell Outlaw, chief executive officer of New York Life Ventures portfolio company Vidado, recently took part in an extended interview with AM Best TV while on-site at the InsureTech Connect 2019 conference.

In the over 15-minute segment, available through the link below, the pair discusses the opportunities at the intersection of technology and insurance and the differences between LifeTech and Insurtech. Joel highlights the ability of the New York Life Ventures team to drive proof-of-concept testing as a competitive differentiator. He also explains how New York Life, a nearly 175 year old life insurance company, effectively engages with start-ups, while Nowell provides insights from the perspective of a start-up partner.

Watch the full interview here: For Insurtechs and Insurers, Engagement Accelerates Speed of Change.

A full transcript of the interview recently appeared in the December 2019 issue of  Best's Review.

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