Data opacity, not risk, is driving prices too high: Advocate CEO

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team : Aug 14, 2026, 7:06:28 AM

Data opacity, not risk, is driving prices too high: Advocate CEO

Insurtechs Urged to Address Data Transparency in the Insurance Industry

According to Ashwin Agarwal, insurtechs have a significant opportunity to tackle the insurance sector's lack of data transparency. Agarwal suggests that establishing a trusted and transparent pricing layer could allow a company to set industry standards. He believes that current high prices in the industry are driven by data opacity rather than risk.

Original Source: https://www.dig-in.com/news/data-opacity-not-risk-is-driving-prices-too-high-advocate-ceo
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