FinTech, InsurTech- separate but equal? Can't have finance w/o insurance

Tech innovation has not been a stranger in banking/finance or insurance for a much longer time than the period since the FinTech and InsurTech initiatives became fashionable (and identifiable to those outside the respective industries.)
One can’t have finance without insurance, and vice versa. Are the Tech activities perceived as independent of each other (seems that way in industry press), or complementary and simply referenced differently by individuals?
What do you think?