Garrett Droege | Source | SVP, Director of Innovation & Digital Risk Practice Leader at IMA Financial G...
Garrett Droege
Garrett Droege wears multiple hats as Director of Innovation and Digital Risk Practice Leader at IMA Financial. He navigates the intricacies of digital risks, focusing on technology, blockchain, and AI/ML as part of IMA's broader Advanced Industries Practice, helmed by Mark Ware.
He co-manages IMA Labs, an incubator within the company that focuses on insurtech innovation and investment. He is also a founding member of Web3Labs, a trailblazing R&D facility within IMA that focuses on creating next-gen solutions for the insurance industry in the metaverse and through blockchain technology.
Accolades like making it to the Hot 100 List in 2020 and 2022 by Insurance Business America signify Garrett’s industry influence. Prior to joining IMA, he served as the CEO/Executive Director of TechAssure and also founded the Innovation Risk Practice at Wade & Associates.
A sought-after thought leader, Garrett is often invited to keynote for high-profile organizations, including the FBI and multiple fintech associations. He holds notable industry certifications such as CPCU and CIC, adding further credence to his expertise.
-
IMA Financial Group
SVP, Director of Innovation & Digital Risk Practice Leader
started Aug 2021
-
Despite tech breakthroughs, no revolutionary insurance product — yet
As amazing tech advances abound, the insurance industry has made significant strides in the past few years. But there is much more to come, according to industry-leading tech experts.
Article -
Insuring the Metaverse: Challenges and Opportunities
As the Metaverse continues to expand, new challenges arise in insuring it. With complex ownership structures, virtual assets, and potential liabilities, insurers are working to develop innovative solutions to keep up with this evolving digital landscape.
Article -
Can Insurance Find a Home in the Metaverse?
A Cognizant report published last year, titled a pragmatist's guide to the Metaverse, said if you ask three people what the Metaverse is, you'll get three
Article
-
“The opportunity is an entirely second world that insurance companies could insure. So I think that the more progressive insurance companies out there could look at that opportunity as a new revenue stream that doesn’t currently exist for them. And the demand is there.”
-
"To protect... digital assets from a wave of threats, insurance will be essential"
-
"Digital-native companies have become integral to society, and our clients must maintain uptime of their platforms to provide the best user experience."
