InsurTech: Do We Need a New Model for Insurance?
May 23, 2019. Crowdfund Insider
Technology has changed us; it’s undeniable. It’s a safe bet to say that technology is going to continue to change us too. It will continue to revolutionize how our society lives, works, plays, and transact business.
InsurTech: Ammunition for the pricing and underwriting ‘technology arms race’
May 23, 2019. Willis Tower Watson
Any apprehension about how InsurTech will add value in the insurance value chain is moot in pricing and underwriting. With support from InsurTech start-ups, insurers are going to be front runners or in the pack of an accelerating “technology arms race”.
The InsurTech that has boosted some brokers’ businesses by millions
May 21, 2019. Insurance Business Magazine
Many brokers are somewhat unsure or uneasy about InsurTech. For many it seems unnecessary, or perhaps even a threat. But when brokers get the right technology for their business, and use it correctly, it can lead to fantastic results.
What Every InsurTech Should Know About Privacy and Cybersecurity
May 16, 2019.JDSUPRA
As an early stage or startup InsurTech, you’re highly focused on all the right things: identifying a challenge for the insurance industry, developing an innovative technical solution, making it practical and scalable, getting it funded, and implementing it.
Report questions value of InsurTech despite record investment
May 13, 2019. Finextra
Investment in the insurtech sector reached record highs in Q1 2019 yet there is lack of obvious value in the many of the newest InsurTech offerings, according to a recent report.
InsurTech industry sees record Q1 deal-making
May 10, 2019. FSTech
InsurTech investors worldwide executed the highest number of transactions and the highest volume of Series B and Series C funding rounds during the first three months of 2019, according to Willis Towers Watson.
Here’s How InsurTech is Tackling Singapore’s Ageing Problem
May 08, 2019. FinTech News
Let’s suppose you accidentally tore your ligament in the knee while exercising in the gym tomorrow. Do you know how much you’d need to pay for medical fees?
InsurTech Start-Up Brings Much Needed Transparency – And Savings – To Insurance Purchasing
April 24, 2019. PRNewswire
Disruption has finally come to the insurance industry, as one start-up has introduced technology that promises time- and cost-savings to consumers by providing them instant – real, not estimated – quote comparisons for home and auto insurance through a user-friendly digital platform that can complete an entire purchase within minutes.
Insurer, insurTech collaboration will benefit NZ market – report
April 12, 2019. Insurance Business Magezine
New Zealand insurers have a significant opportunity to embrace the benefits of insurTech to help them deliver better customer experience and value.
High street brokers the next InsurTech targets
April 11, 2019. Insurance Business Magezine
When you say the word ‘InsurTech’, what probably comes to mind is a hip start-up in a converted warehouse, full of tech wizzes wearing t-shirts and trainers.
How InsurTech is helping respond to climate risk
April 04, 2019. Dig-In
With climate change a factor in some of the most destructive catastrophes worldwide, the insurance industry is taking notice. Ruth Foxe Blader, managing director with venture-capital company Anthemis, is responsible for identifying insurtechs that are helping carriers minimize risk.
How InsurTech Will Revolutionize Inland Marine by Cutting Costs
April 04, 2019. Insurance Journal
InsurTech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place, small or one-off inland marine risks at the best possible rates.
InsurTech Shaking Up The Life Insurance Industry
April 02, 2019. Insurance News
Although the insurance industry is known for moving slowly when it comes to change, the insurtech revolution is forcing executives out of their comfort zones.
EIOPA analyses InsurTech licencing
March 28, 2019. FSTech
The European Insurance and Occupational Pensions Authority (EIOPA) published its report on best practice among authorities licensing InsurTechs across Europe. As part of the European Commission’s Fintech Action Plan, the document presents a mapping of current authorising and licencing approaches to financial innovation.
How the rise of InsurTech is impacting the insurance industry in an unexpected way
March 18, 2019. Insurance Business Magezine
The InsurTech movement isn’t just infusing the insurance supply chain with new solutions – it’s also bringing more diversity into the industry, according to one expert.
Disrupting the InsurTech sector one tap at a time
March 09, 2019. Tech Fruit
When I decided to let my flat through Airbnb back in 2016, I knew exactly what kind of insurance I was looking for. I needed a policy that would protect my property, protect my guests, and protect me against the risks of doing business, while providing the kind of short-term flexibility the sharing economy thrives on.
Irish InsurTech hub brings feast in southeast
March 08, 2019. Banking Tech
The plan is to improve “Ireland’s attractiveness” for foreign direct investment in the insurance space, resulting in 50 new businesses and supporting the creation of 300 jobs by 2022.
The InsurTech that is easing brokers’ pain
March 04, 2019. Insurance Business Magazine
From the founding of Direct Line back in 1984, to the explosion of price comparison websites in the 90s, insurance brokers are used to being told about threatening new arrivals that could take away their business.
InsurTech UK announces latest members
March 07, 2019. FSTech
Insurtech UK, the industry’s new association, has revealed its latest associate members and partners. This body’s core membership now stands at more than 40 InsurTech industry stakeholders, with Lloyd’s of London, Hiscox, Holloway Friendly and Bascule all named as associate members ahead of a formalising its association status in the coming months.