I know how Swifty feels. I have been "doing new technology" in insurance for almost 30 years. There have been spectacular hypes which fizzled out, bubbles that burst and booms that whimpered. But in amongst them, there were genuine diamonds. 

The real key to success is taking a considered view of how an initiative solves the underlying causes of a problem, not the symptom. So many startups don't understand the  underlying root causes or indeed the nature of the industry they are trying to disrupt.

The majority of the $3.5billion (yes you read that right!) that went into insurtech startups globally in the last year will be squandered. The question is, amongst all that where are the handful that will sustainably make it through?