Good insights from "riskgenius"-  traditional insurers that wrap a digital platform around legacy systems can exploit speed, capital reserves, broad product range, underwriting skills and global reach to disrupt the disrupters like Lemonade, Trov and Slice.

And overcome a complicating factor; as they have acquired companies over time, they have inherited multiple, legacy systems that are data and application silos. That is why they can achieve success in one country but rarely have the time. money and stamina to repeat it elsewhere.

Solution? A platform that does not need integration with core systems but rather, one that with a secure and unique url for each claim creates a single digital record for each claim.

  • Pet
  • Auto
  • Travel
  • House- building and contents

Joining and analysing:

  •  structured & unstructured data
  • internal & external data
  • to deliver the massive data AI needs to be effective

And can deal with all perils from simple AD to complex storm damage from FNOL, across the whole insurance value chain to settlement.

See "The Single Digital Record"