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.
InsurTech: the top five legal issues to consider
February 27, 2019. JDSUPRA
The insurance market is changing rapidly, driven by shifting customer expectations and technology progress. IoT and connected devices are transforming the industry, for example with the increasing use of telematics for motor insurance, wearable technologies and m-health apps for health insurance, and smart appliances and devices for home insurance.
InsurTech investment drops in 2018
February 18, 2019. Verdict
InsurTech investment in 2018 totalled $5.7bn, compared to $10.3bn in the previous year. While this is a massive drop in value, the number of InsurTech deals stayed relatively stable, dropping from 258 to 242.
In America, InsurTech is big business: KPMG
February 15, 2019. Digital Insurance
As a segment of the larger FinTech revolution, the InsurTech phenomenon is truly global. But it’s in the U.S. where it really shines, according to KPMG.
InsurTech funding surges in 2018 as key players expand: Deutsche Bank
February 08, 2019. Reinsurance
Insurtech investment volumes increased by more than 60% between 2017 and 2018, while key players such as Lemonade and Amazon also expanded their operations over the year, according to analysts at Deutsche Bank.
InsurTech reveals “Netflix for insurance” renter’s policy
February 06, 2019. Insurance Times
It believes that renters are the most under-served market in insurance. Home insurance insurtech, Urban Jungle has revealed a new £5 monthly fixed-rate renter’s insurance product, which it described as the “Netflix for insurance.”
2019 will be all about FinTech, HealthTech, InsurTech, IoT
February 05, 2019. Venture Burn
This year promises to be an exciting one ahead for SA startups and those in the startup scene — with lots expected from sectors like FinTech, HealthTech, Internet of Things (IoT) and South Africa’s VC market.
Predicting the Future of InsurTech
February 04, 2019. Insurance Though
InsurTech came into its own in 2018. We saw insurtech startups successfully funded or acquired and established insurtech companies beginning to actually compete with legacy insurers.
Six InsurTech start-ups to watch in 2019
January 29, 2019. Post Online
As Post gears up to launch the 2019 Insurtech 100 listing in association with Tallt, Post content director Jonathan Swift highlights six businesses that will hope to be featured in forthcoming rankings.
InsurTech in 2019: 4 questions whose answers will show the way
January 23, 2019. Digital Insurance
The past few years have seen feverish growth in visibility of insurance’s digital transformation. But as the movement gains in maturity, what’s next? I looked at a range of predictions to see if a roadmap is emerging for the direction of the industry.
Is the InsurTech Wave Hitting a Riptide?
January 22, 2019. Insurance Thought Leadership
The riptide analogy generates a powerful image of a turbulent sea, where the strong finally reach the shore, but the weak that succumb to the powerful currents are pulled back out to the sea. The InsurTech world is experiencing a similar struggle.
3 InsurTech Trends Accelerating in 2019
January 18, 2019. Insurance Thought Leadership
2018 was a breakout year for InsurTech companies, as the insurance industry has been long overdue for innovation and disruption. The year attracted both talent and funding to the industry.
Incumbent Insurers and InsurTech, Part 1: Partners in Time
January 17, 2019. Market Screener
The past 36 months in insurance make an excellent case study for university classrooms. How did InsurTech startups first threaten the insurance industry, then inspire the insurance industry and now end up as mentors, students and partners with the insurance industry?
8 Key InsurTech Trends for 2019
January 16, 2019. Insurance Thought Leadership
The industry used to be a tech laggard. No more. Though there’s still much work to be done, most insurers are now better-positioned to capitalize on their investment in technology.
How to cancel InsurTech Noise
January 09, 2019. Claims Journal
Insurtech, the buzzword of the insurance industry, has been impossible to avoid, appearing in email inboxes and at conferences virtually non-stop.
Trends in InsurTech 2019
January 09, 2019. Times
Several relevant technologies and trends in the field are creating a real revolution in the insurance field. The aim of these changes is to make the process of purchasing products and services more convenient, cheaper and smarter.
Learning by Doing and Undoing: InsurTech Pilots and Pivots
January 04, 2019. Insurance Journal
InsurTechs are great for the industry because it needs to change to be competitive, but InsurTechs are only going to be able to help change the industry if they themselves make money.
Global economy has become less resilient, but InsurTech can help: Swiss Re
January 04, 2019. Reinsurance
The global economy has become less resilient to shocks in the ten years following the financial crisis, but new public-private partnerships, in combination with the use and development of new technological capabilities, can help to strengthen it, according to reinsurance giant Swiss Re.
InsurTech no “silver bullet”
January 02, 2019. Insurance Business Magezine
InsurTech may have the capacity to improve countless facets within the insurance space but it’s certainly not risk-free. Now one senior figure says serious thought must be put into the development and implementation of any new technology.
5 InsurTech Questions for 2019
December 24, 2018. Think Advisor
The return of investment market volatility could make 2019 a year when what life and annuity issuers really want out of information technology is stability. When the environment is calm, insurers may dream of fancy tech worlds of tomorrow.