28 Jun 2017
Robots and AI—It’s Just the Beginning
You’ve probably had regular help from a virtual assistant by phone or online, assisting you with basic tasks such as directing your call or giving you your bank balance. Helpful, right? The companies that employ the virtual assistants think so, too, and are applying these AI/robotic processes to more and more of their everyday business operations. Often called out for being slow to change, the insurance industry is beginning to catch up quickly.
28 Jun 2017
Bajaj Allianz General Insurance: Transforming industry with first-of-its kind digital initiatives
Mobile app revolution has made our lives simpler and better. Be it education, medical, hospitality or travel, we can reach out to anything and everything with the help of our smartphones and PCs. However when it comes to insurance sector the lack of digitization is still giving end users a tough time. This will get change with the new initiatives from Bajaj Allianz.
28 Jun 2017
InsurTech innovation vital to executing plan for growth, says CDL
According to the firm continual investment in research and development is an important part of its strategy. Software house CDL is planning a number of InsurTech launches as it seeks to grow the business. Nigel Phillips, CDL’s commercial director, stated that ongoing investment in “innovative programmes” meant they had a series of InsurTech solutions to bring to market.
28 Jun 2017
German mobile bank expands into insurance
German mobile bank N26 said on June 26 that it is expanding its services and products to include insurance in its offering. N26 will partner with German insurtech Clark to offer a digitised insurance service as it aims to become a one-stop app for all of its users’ financial needs.
27 Jun 2017
Personal Transportation Gadgets: Hot. Integrated Smart Home IoT: Not
HAX executives preview trends in hardware startups, say Personal Transportation Gadgets are Hot. Integrated Smart Home IoT is Not Photo: Segway Inc. Executives at HAX, the five-year-old hardware accelerator and seed funder, know a lot about hardware. They’re getting ready to release a detailed analysis about hardware trends, and last week informally previewed some of their insights, expectations, and lessons learned.
27 Jun 2017
Insurtech adoption jumps: EY
Telematics and wearables helping companies better predict claim probability, as well as the inclusion and growth of premium comparison sites, has driven a surge in insurtech adoption, according to a study by consulting and advisory firm EY.
27 Jun 2017
Munich Re backed carrier ONE acquired by InsurTech wefox
A digital insurance carrier backed and reinsured by global player Munich Re is to be integrated into InsurTech start-up wefox’s platform as an innovation partner from September 2017, as wefox acquires ONE. Fintech image via George Washington UniversityWefox said that it is integrating digital insurer ONE, which was launched in 2016 by former Zurich Insurance Group executive Stephan Ommerborn, in order to “keep pace with the digital revolution.”
26 Jun 2017
Blog: Diary of an insurtech start-up, episode 4: The heat is on
As start-up Digital Fineprint learns about the benefits of collaboration, James Stuart Clarke describes what else the young company has been up to in the insurtech world. As spring turns into summer, our beloved start-up is also starting to blossom from a small and devoted team of all-rounders into a burgeoning club of specialists, bringing new skills, perspectives, and tastes.
26 Jun 2017
Insurtech firm Clark and N26 launch digital insurance service
Clark, a German insurance robo-advisor, has inked a deal with mobile bank N26. Clark says its Bancassurance-API will help customers of N26 “to better understand their current tariffs and improve their insurance situation”. “The co-operation between Clark and N26 features a fully digital dashboard displaying all contract details directly in the bank app. Reporting claims is possible with a few clicks,” Clark explains.
26 Jun 2017
InsurTech Futures: Use of tech by consumers growing in insurance
EY says that the future use of FinTech in insurance is projected to rise to 55%. A report into the adoption of FinTech by customers from consultancy EY has found that 24% of insurance consumers are now using FinTech solutions (otherwise known as InsurTech) to transact or communicate with their provider.
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26 Jun 2017
REIMAGINING INSURANCE IN THE WORLD OF IOT
The Internet of Things (IoT) is everywhere. You cannot flip through a magazine, attend a conference or read a news feed without finding a reference to IoT. With good reason – the IoT has become an important part of the technology landscape, altering the way we live, work, manage problems and conduct business. Fundamentally, what is happening is that a growing number of devices are being connected over the Internet.
23 Jun 2017
2017 Global Insurance Symposium - 4 Ps of Insurtech: Innovation Keynote
Published on Jun 13, 2017 4 Ps of Insurtech: Innovation Keynote -Matteo Carbone, Connected Insurance Observatory
23 Jun 2017
Insurtech Startup Buys MGA in California with Product for Agents in Mind
Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive insurance.” Bridger CEO Kimo Winterbottom talked about the acquisition with Insurance Journal on Thursday and said the plan is for the managing general agency to continue to work with independent agents.
23 Jun 2017
How Insurtechs Maximize Profits and Competitive Advantage
The potential to disrupt the historic insurance industry model has made insurtech one of the hottest new areas of innovation and investment, with entrepreneurs developing technologies at a breakneck pace and venture capital firms seeking to put investment dollars behind an exciting range of new products and services aimed at efficiencies and cost savings.
23 Jun 2017
Technology will shrink the insurance market, says RSA's Leitch
RSA global connected insurance director Kenny Leitch states InsurTech will stop claims from happening. InsurTech is set to shrink the insurance market, according to Kenny Leitch, global connected insurance director at RSA. “There is an opportunity to use data and technology to create fewer collisions, fewer injuries and fewer claims,” Leitch explained.

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Insurance Innovation Day - Vienna