InsurTech has helped the insurance industry move forward in its race toward innovation, but industry leaders are cautioning insurers not to let excitement around new technology get ahead of them.

“As humans, we all want to fix problems as they arise,” said Cake & Arrow CEO Josh Levine at Carrier Management’s 2026 InsurTech Summit. “But with insurance, that tendency gets hugely amplified, because these ideas will quickly turn into real initiatives that require significant investment and time and resources to execute.”