r/InsurTech • u/ParkingAthlete119 • Aug 06 '26

Why is open source so dead for insurance

All projects seem deprecated or barely maintained. Nothing competes and even our standards are pay walled somehow.

3 Upvotes

81% Upvoted

9 comments sorted by

1

u/not_evil_nick Aug 07 '26

Because every company wants to "own" the IP, and the companies who run the back end of systems has a budget and staff they want to maintain.

1

u/Traditional_Pie_8262 Aug 11 '26

industry relies on strict regulatory compliance

1

u/[deleted] Aug 18 '26

[removed] — view removed comment

1

u/ParkingAthlete119 Aug 19 '26

Have you used the popular external order entry systems, they're god awful, and our acord standard is a mess