Insurers fail to turn data into usable ideas
If you only access and analyse 10% to 20% of enterprise data it is not surprising that Aon Chief Executive Greg Case states insurers are...
Contributors
-
Digital Claims Transformation, Insurtech, Analytics
InsurTech World Archive
- January 2025 (1)
- December 2024 (2)
- November 2024 (5)
- October 2024 (4)
- September 2024 (5)
- August 2024 (3)
- July 2024 (2)
- June 2024 (1)
- May 2024 (1)
- April 2024 (1)
- March 2024 (4)
- February 2024 (2)
- January 2024 (3)
- October 2023 (6)
- September 2023 (1)
- August 2023 (2)
- July 2023 (2)
- June 2023 (1)
- May 2023 (2)
- April 2023 (3)
- March 2023 (4)
- February 2023 (6)
- January 2023 (3)
- December 2022 (3)
- November 2022 (3)
- October 2022 (4)
- September 2022 (3)
- August 2022 (4)
- July 2022 (4)
- June 2022 (5)
- May 2022 (5)
- April 2022 (5)
- March 2022 (6)
- February 2022 (9)
- January 2022 (2)
- December 2021 (12)
- November 2021 (10)
- October 2021 (7)
- September 2021 (9)
- August 2021 (6)
- July 2021 (15)
- June 2021 (11)
- May 2021 (12)
- April 2021 (17)
- March 2021 (13)
- February 2021 (12)
- January 2021 (11)
- December 2020 (12)
- November 2020 (17)
- October 2020 (10)
- September 2020 (17)
- August 2020 (14)
- July 2020 (18)
- June 2020 (15)
- May 2020 (21)
- April 2020 (19)
- March 2020 (12)
- February 2020 (15)
- January 2020 (23)
- December 2019 (13)
- November 2019 (15)
- October 2019 (22)
- September 2019 (14)
- August 2019 (20)
- July 2019 (18)
- June 2019 (18)
- May 2019 (27)
- April 2019 (21)
- March 2019 (18)
- February 2019 (25)
- January 2019 (10)
- December 2018 (15)
- November 2018 (25)
- October 2018 (25)
- September 2018 (26)
- August 2018 (27)
- July 2018 (27)
- June 2018 (19)
- May 2018 (16)
- April 2018 (25)
- March 2018 (31)
- February 2018 (33)
- January 2018 (41)
- December 2017 (20)
- November 2017 (24)
- October 2017 (28)
- September 2017 (7)
- August 2017 (20)
- July 2017 (29)
- June 2017 (23)
- May 2017 (6)
- February 2017 (1)
- January 2017 (2)
- December 2016 (1)
- January 2016 (1)
Four Signs Your Operating Model Will Fail
Many operating models were implemented years ago as part of ERP and CRM implementations. Often, pre-internet and almost certainly...
The European Commission sets out its plans for Artificial Intelligence
Co-author: Rachel Duffy
Last week, the European Commission published an important paper on artificial intelligence and robotics. Its...
Insurtech, catchy tunes & digitally transformed insurance
They are scarily similar- you know when a consumer product does the same and within weeks all its competitors use same tunes. They then...
Focus Insurtech on Supply Chain as well as Claims & UX
"The key starting point is to inspect the insurance value chain and assess whether insurtech is appropriately leveraged across the...
"Lloyd's of London Aims to Ditch Most Paper Trading by End 2019
Analogue Lloyds of London planning digital make-over.
"We have a huge modernisation effort, but I am not doing a big bang and...
Transform or Die! Business Transformation is No Longer Optional
I read a lot of articles and books on digital transformation (like this one) and they are all pretty much the same. Transform or...
Insurtech must make the customer UX simpler
"According to The Boston Consulting Group, the three critical dimensions of customer satisfaction in insurance are transparency, quality,...
The hard truth on insurance and telematics
"Getting connected car ready is a matter of survival for the motor insurance industry. Getting started with telematics is good but making...
The limits of AI and lessons for Insurtech
"On April 13th Elon Musk, the boss of Tesla, an electric-car firm, said that the production problems which have dogged his company’s...
What do GDPR and a Fish Tank Have in Common?
If you hadn't read this story, people hacked a casino database using a thermometer in a fish tank.
The article is about how the internet...
Why so few successful insurtechs?
This article is one of the most relevant and interesting I've seen and a challenge to all insurtechs. Frederik's views accord with mine...
Customer UX just a part of insurtech
"You must design your claims process with the customer in mind. Here are some questions to keep in mind as you and your team evaluates...
Insurers which have grown through M&A face insurtech challenges
Insurtech products that have to be re-engineered for every country and new peril are a real challenge. Time, cost and complexity are the...
Report: Business rate themselves two times higher than consumers on CX experience
I'm not sure really surprises us, many of think we are better than we really are.
We often find that companies work in silos of...
Would you choose a holiday with only 20% of info? So why run a company that way?
Insurers typically access only 10% of data. That's a damning indictment! Other sectors follow same failings so they shouldn't smirk!
"An...
Carriers could lose as much as 40 percent of their traditional risk-protection revenues.
" Few insurers, however, are sufficiently prepared for the scale of the disruption that awaits them. Our research shows that...
Will Blockchain deliver better products?
"Blockchain is becoming a force for good in many areas of society – bringing banking to the unbanked in the developing world and...
British Insurance Awards 2018-The Technology Award
Congratulations to 360Globalnet for being a finalist for "The Technology Award"
See all the finalists in the video via the link...
Insurtech market and suppliers maturing?
"There is much more of a focus on measurable results, rather than backing intriguing ideas with uncertain outcomes."
Sam J Friedman...
What is the biggest digital transformation challenge for Coca-Cola?
Culture- and it's the same for enterprises in all sectors and markets. See how Coca-Cola faces the challenge.
{
The challenge is that this broad base of consumers are different, exhibit different behaviours and preferences, Godsman said. In order to...…
First Amazon and now Walmart entering insurance?
Walmart's talks with an insurance giant could be part of an assault on Amazon Prime.
"Humana has held early-stage talks with Walmart...
FCA issues warning to insurance companies
"The heat is on for insurance companies – if you’re not implementing the Financial Conduct Authority’s (FCA) rules then you are likely to...
MoneySuperMarket to tap new audiences with £40 million acquisition
80% of UK insurance buyers engage in online research but only 45% make the final purchase online. Source Acord 2018.
This new...
Insurers Not Innovative? Think Again – By Matteo Carbone
Good riposte to critics complaining insurers slow to innovate by Matteo Carbone. Innovation is rarely as fast as people think even though...
As a free user, you can like posts.
To repost this post to your own Passle blog, you will need to upgrade your account.
For plans and pricing, please contact our sales team at sales@passle.net