Life insurance as it should be
Digital giants are the big threat but incumbent life & protection insurers can leverage insurtech to leapfrog other insurers and the...
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Lesson for insurers?
The Digital Giants are the disruptive competitors to traditional banks rather than the fintech innovators that are merely a means to an end;
Turning the auto insurance world upside down
The deal with Liberty Mutual shows how US agencies are starting to realize that they must adjust their prices as cars get safer with...
Which digital giant will disrupt you?
Zhong AnThey have sold 7.2 billion insurance policies, serve 492 million customers and have close to $500 million in gross written...
Escape of water solutions for consumers and insurers
"The insurance sector pays out £2.5 million every day to UK policyholders alone for escape of water claims"
Source ABI
The total...
Data , Context and Global Domination
If ever we needed to verify that data is the competitive differentiator then consider Tesla and GM below.
AI, machine learning and robotic...
UK Pet Insurance Market tops £1bn
Insurtech is gradually reaching the pet market for both prevention and cure.
See "Pet insurance market ripe for digitisation"
Global Data...
Insurers must move fast on big data
Most insurers cannot analyse free form text in claims notification forms! Typically 80% of an insurer's data is inaccessible and...
Transformation & winning lion's share of premiums and profits
- How will digital transformation affect my industry and business?
- How fast will it happen?
- Is my organization ready for the digital...
Global cybercrime losses could hit $6 trillion
“The Internet of Things is a perfect example. There’s about six or seven billion devices connected to the internet now. That number could...
Munich Re, Hyperloop and Insurance
Hyperloop aims to transport people and goods in low-pressure capsules using electromagnetic propulsion at 600 kms per hour. That would...
Berlin digital start up with full insurance license
Channels to market get more varied which helps innovation in products as insurance transitions from annual policies to subscription...
Cyber Insurance- ripe for disruption?
Interesting piece showing the market is ripe for disruption. On the other hand there are considerable opportunities to lead innovation.
Pets in a connected world of insurance
Pets living in connected houses with connected owners offer insurers an opportunity to digitally transform connected insurance...
Life & Health event - 30th October
On the 30th October, InsTech London will be hosting its inaugural Life and Health Insurance event.
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Sponsored by RGAx, the innovation accelerator for RGA and Cookhouse Lab, a global open innovation and co-creation facility for insurance,...…
MetLife, IBM & an Insurance Platform
We usually hear of fast moving insurtech startups partnering with insurers. In this case it is an industry giant with MetLife.
It looks...
Brokers unprepared for GDPR?
40% UK brokers unaware and another 36% unprepared to be compliant.
Also see "Is GDPR the new PPI for...
Challenge for BlockChain Experts
Great to see an insurer being the catalyst to bring effective open source BlockChain solution to the whole insurance market.
BlockChain...
No- it's insurtech hubris to claim insurance is broken
Insurance works- it's just that it doesn't work as well as it should nor is it optimised for either the customer or the insurer. Many...
Robertson & Co digitally transforming onsite investigations
Digital transformation spans far more than just the customer journey- it must include the myriad services that ensure customers receive...
The Digitisation of Underwriting and Disaster Risk Management
The Fourth Industrial Revolution, a term that encompasses technologies such as artificial intelligence (AI), the internet of things,...
What comes first- cultural or digital transformation?
Digital transformation is doomed to failure or at best second class outcomes unless there is clear leadership and cultural change. The...
What your favourite wine says about you
Working hard on the digital transformation plan back at home?
Sipping wine at the Insurtech Event? What wine are you drinking?
Says a...
"I dislike the term ‘disruption’ - it’s bollocks!"
The “Toys R Us" analysis holds lessons for digital transformers everywhere.
"A complete dinosaur, with poor vision and no idea of how to...
Responding to SARs – proportionality & beyond?
Amongst other things, the new EU General Data Protection Regulation (GDPR) – due to be implemented in May 2018 – aims to strengthen and...
Insurers as partners
Early on insurers helped customers prevent damage, loss of life and other perils. With the advent of the connected home, appliance, auto,...
Is that Insurtech a viable partner?
Most insurtechs will fall by the wayside so before you spend your own working capital and/or investment funds ask these questions from...
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