Direct Online Small Commercial: Poised for Growth in 2020

The industry is still waiting for a major advertising push to drive the widespread adoption of direct online small commercial sales, but Novarica estimates that the $3B direct small commercial market could grow to $12B by 2025.

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Matthew Josefowicz // Matthew Josefowicz is the President and CEO of Novarica. He is an expert on insurance and financial services technology, with two decades of experience advising CIOs on IT strategy and solutions. He has written more than 100 reports on insurance technology issues and is the lead moderator of the Novarica Insurance Technology Research Council. Prior to launching Novarica in 2007, he founded and led the global insurance group at analyst firm Celent and worked at D. E. Shaw & Co., LP. He holds a BA magna cum laude in Classics from Brown University. He can be reached directly at [email protected].