Given that SLICE is soon to launch in UK it is no surprise that Lemonade is planning the same.

Feel threatened? Evaluate a digital claims...

Failure to streamline processes in time for the arrival of General Data Protection Regulation (GDPR) could leave insurers increasingly...

Prevention rather than cure- but cure if needed. The consortium specifically also provides a needed resource for carriers that are not as...

News  sent health insurance stocks sharply lower in pre-market trading. 

•  UnitedHealth down 7.1%
•  Aetna down 3.7%
• Cigna...

"The e-commerce group said it will use data from Asahi’s 90 million loyalty programme members to develop tailor-made insurance solutions...

1. Automakers assume liability
2. Insurance premiums drop
3. industry may struggle as more drivers reduce or drop coverage

"The industry has ample...

Good to see an incumbent insurer, and not one you necessarily associate with being an innovator, shaking up the travel market.

In...

" IDC expects more insurers to follow AXA and Lemonade in the industry’s API journey to deliver ‘Insurance-as-a-service’ in the coming...

But always remember 90% will fail so pick from the right 10%. Too many insurtechs making marginal differences so look for vision,...

Slice has migrated from US only to UK and with 360Globalnet offers a cloud hosted, end-to-end, digital-first platform designed and built...

Microinsurance continues to be a major driver for innovation. The only way people in many parts of the world can afford insurance is if...

Lemonade digitally disrupts incumbent insurers and is not shy to expose carrier's analogue weaknesses.  It then complains that...

Lloyds of London Chief Executive Inga Beale said "a malicious hacker who takes down a single cloud service provider, for instance, could...

The problem-35% of costs are accounted for by material waste and remedial work."

"It’s an industry where

Forbes April 2016 and no reason...

Autonomous vehicles, smart cities, private and digital healthcare, travel and hospitality- as digital transformation changes industries...

And so the M&A merry-go-round begins again...

Arguably this could prove to be a positive acquisition for the Market as a whole, but...

“Customer experience and improved business performance is hindered not only by reticence to update business processes, but by an...

Hardly have insurers come to terms with the need to digitally transform P&C and Life businesses than they are challenged to confront...

If you find TROV a great fit for insuring items like phones, iPad & other tablets, laptops then look at Revolut for travel.

Well...

The problem- "Insurance companies are accustomed to making money off of friction, like making claims processes unnecessarily...

In late 2017 The University of Chicago Law School, working with AIG, completed a checklist with the goal of helping risk managers and...

In the US & Canada the annual costs of P&C insurance fraud is estimated to be $34bn per annum!

Source Coalition against Insurance...

" Married to engagement? Get a divorce.

Reflecting on the nature of online customers and the companies that vie for their attention,...

“Legacy technology is not going away, but insurance companies can no longer rely only on this technology. Insurers will be successful in...

There's something particularly refreshing about listening to an expert. I had the opportunity to do just that last week when attending...

Only room for 4/5 digital insurers to win the lion's share of profitability in each product and/or geography segment.  (McKinsey) 

"It is easier to call for a new build of core systems and all its surrounding processes than to actually do it. That is why still many of...

35% of costs in construction result from waste materials and time. Digital transformation can both improve outputs & customer...

P&C  "insurers must address their IT data collection systems in order to profit from more IT glamorous solutions such as...

Every forecast of AI transforming enterprises, economies and nations must have a caveat. The AI technology is the easy part- it's the...

After three years or so of dabbling with insurtech incubators and startups, implementing limited customer UX projects insurers must move...

"The real issue is it that it takes time to implement changes in processes, skills and organizational structure to fully harness AI’s...

"Insurers are placing greater emphasis on their digital offerings as a key competitive differentiator- shifting customization from core...

"With more than $700 billion of policyholder surplus at the time the hurricanes hit, the US P&C industry is ready to pay its share of...

Oliver Ralph in FT describes how some of the world’s biggest insurers are trying to cut down on coal use by refusing to offer cover to...

"With so much supply, “it’s going to be difficult to see major market corrections, because there’s still so many good risks out there and...

I love this - shows the power of both Data and Telematics in use to stop the fraudsters.

I do wonder how long it will be before we move...

Only yesterday Maarten Ectors of Legal & General wrote of SoftBank planning to dominate ride-share and autonomous driving. Here...

Most of our interaction with banks is to pay organisations and individuals and check we get paid. 

Legislation and technology taking...

"To fully unlock the benefits of artificial intelligence, you’ll need to upgrade your people’s skills — and build an empowered, AI-savvy...

We were all writing about it and now Amazon has moved on from opening an insurance group in London and is reported to start in earnest.

Some interesting research this morning on the use of price comparison websites.

Is there a change based on new InsurTech type...

HBR describes a project that after  4 years and $62mill achieves nothing and makes the point that "low-hanging fruit" should be the...

Consumers may be the winners as China's Digital Giants fight those of the USA. And don't forget Japan.

If incumbent analogue industry...

Been a lot of focus on Amazon's insurance ambitions recently so doubly relevant to consider banking as a target market.

"Asheet Mehta with...