Sent on September 21, 2016

News
Black Boxes Could Yield Gold in Connected Insurance
20 SEP 2016 | Gritty, intoxicating Naples—renowned for pizza margherita, football magician Diego Maradona and … connected insurance? Indeed, Napoli has become a proving ground for one of the most promising technology-related opportunities in insurance: the use of sensors for collecting, transmitting and analyzing data on the status of an insured risk. Connected insurance is starting to pay off for carriers, and they have made the greatest progress in Italy. Consider the following estimates by Bain & Company’s Observatory on Telematics, Connected Insurance & Innovation, a collaboration with the Italian National Association of Insurance Companies (ANIA)
Customer Behavior and Loyalty in Insurance: Global Edition 2016
20 SEP 2016 | From tracking drivers’ braking behavior to installing wearable devices on factory workers and funding medical-advice mobile apps, many insurance companies are trying to become more present in their customers’ lives. They know that improving the long-term economics of the business will require interacting more and delivering more value to customers. A customer-centered approach has finally gained the attention of many insurance executives as an alternative to the traditional, internal focus on products, agents and in-year financial considerations.
4 reasons why smart mobility and autonomous driving will cause disruption
19 SEP 2016 | Two trends are most likely to cause disruption in the automotive insurance industry. First, smart mobility and multi-modal transportation; second, advanced driver assistance systems (ADAS) and autonomous driving. Both cause the insurance industry to be more aggressive in its future development. Why? There are four reasons.
Insurers should claim recovery costs from manufacturers of faulty driverless cars, says AB
16 SEP 2016 | Their comments are in response to the Department for Transport’s consultation on the rules of driverless cars. In a paper published jointly with technology firm Thatcham Research, the ABI said this would guarantee that the ultimate responsibility to fall on the at-fault party.
Japan: Metlife Foundation, Sesame Workshop teach kids finance
16 SEP 2016 | MetLife Foundation and Sesame Workshop, the non-profit educational organisation behind Sesame Street, have launched a new multi-media initiative in Japan called "Dream, Save, Do: Financial Empowerment for Families". The programme will be implemented through Japan's local school network and is intended to help children, and the adults in their lives, acquire healthy financial skills and behaviours.
13 Emerging Techs: How Insurers Are Progressing
16 SEP 2016 | There are several different ways to categorize the emerging technologies that are impacting the insurance industry, according to SMA partner Mark Breading. His Emerging Tech in P&C Insurance: 2016 & Beyond report, discussed technologies from the physical realm, like drones and the Internet of Things, and the virtual realm, like artificial intelligence and blockchain, and evaluates how insurers are doing in incorporating them into their businesses.
How Wearable Devices Can Transform the Insurance Industry
16 SEP 2016 | Wearable technology can provide a wealth of insight into customers’ lifestyle and behavior, and claims information, substituting hard data for guesswork. It’s time to launch pilot projects, invest in new initiatives, and partner with innovators in this space.
Uber Driverless Auto Pilot Program Rolled Out in Pittsburgh
16 SEP 2016 | When Pittsburgh woke up on Wednesday morning, some residents started having the choice of going about their day in an Uber that drives itself. The launch of Uber’s self-driving pilot program marks the public unveiling of the company’s secretive work in autonomous vehicles and the first time self-driving cars have been so freely available to the U.S. public.
Insights
Could InsurTech Revolutionise Insurance Into a Utility, as Accessible as Electricity?
14 SEP 2016 | Imagine a time when oil lamps dimly lit up streets. If you had a privilege of having one of those contraptions outside your home, you would be forgiven for not feeling overly joyous, majority of the time. While it certainly had a purpose, it was difficult to service and oil had a nasty tendency to catch fire during transport. Moreover, it needed someone to light it up and put it out on a daily basis, apart from regular cleaning. At that time, while manufacturers were coming up with ever better and safer oil lamps, it remained a relative rarity due to its limited effectiveness and high ownership cost.
How will the InsurTech agent of the future be?
12 SEP 2016 | InsurTech is fragmenting the insurance sector “bringing innovation to various areas of the insurance value chain” as predicted at the beginning of the year by Matteo Carbone, the Founder of the Observatory on Connected Insurance. In particular, the “purchase” step of the value chain is gathering more and more attention from Incumbents.
Agenda
Profitable Data Analytics Insurance 2016
20 SEP 2016 | Featuring an unmatched lineup of data analytics experts from some of the largest Auto, Home & Property, and Life, Health & Workers Compensation insurance carriers, Profitable Data Analytics Insurance 2016 (September 20-22), takes a fully comprehensive approach to leveraging data analytics for growing customer revenues and increasing profitability.
Insurance Technology Congress 2016
20 SEP 2016 | The sixth annual Insurance Technology Congress (ITC) in association with Acord will take place in London, on September 20 – 21, 2016. With 2016 promising to be a year of rapid change in the market modernisation agenda, this year’s Insurance Technology Congress will update you on the latest initiatives coming through and the massive opportunities they offer. The congress is the leading forum for insurance technology business leaders from all sectors of the market. By attending this premier two day event you will learn first-hand from key stakeholders shaping the market and discover the latest technological innovations and initiatives impacting your business, both today and in the future.

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