Digital giants are the big threat but incumbent life & protection insurers can leverage insurtech to leapfrog other insurers and the...
InsurTech World
The Digital Giants are the disruptive competitors to traditional banks rather than the fintech innovators that are merely a means to an...
Spain police identify 800 Britons suspected of making fake sickness claims and 77 law firms allegedly used by the tourists to file their...
The deal with Liberty Mutual shows how US agencies are starting to realize that they must adjust their prices as cars get safer with...
Zhong AnThey have sold 7.2 billion insurance policies, serve 492 million customers and have close to $500 million in gross written...
"The insurance sector pays out £2.5 million every day to UK policyholders alone for escape of water claims" Source ABI The total costs...
If ever we needed to verify that data is the competitive differentiator then consider Tesla and GM below. AI, machine learning and...
Insurtech is gradually reaching the pet market for both prevention and cure. See "Pet insurance market ripe for digitisation" Global Data...
Most insurers cannot analyse free form text in claims notification forms! Typically 80% of an insurer's data is inaccessible and...
How will digital transformation affect my industry and business?How fast will it happen?Is my organization ready for the digital...
“The Internet of Things is a perfect example. There’s about six or seven billion devices connected to the internet now. That number could...
Hyperloop aims to transport people and goods in low-pressure capsules using electromagnetic propulsion at 600 kms per hour. That would...
Channels to market get more varied which helps innovation in products as insurance transitions from annual policies to subscription...
Interesting piece showing the market is ripe for disruption. On the other hand there are considerable opportunities to lead innovation....
Pets living in connected houses with connected owners offer insurers an opportunity to digitally transform connected insurance services....