Sent on October 05, 2016

News
Slice Labs Announces Additional Funding from Munich Re / HSB Ventures
04 OCT 2016 | NEW YORK--(BUSINESS WIRE)--Slice Labs Inc., an insurtech startup set to launch the world’s first on-demand insurance platform to support the on-demand economy, and Munich Re / HSB Ventures, the corporate venture capital arm of Munich Re, have announced their partnership focused on the support and growth of Slice’s upcoming product launch in the US.
Insurtech, Slice Labs Raises Additional Funding
04 OCT 2016 | Slice Labs Inc., a NYC-based insurtech startup, raised an additional funding from Munich Re / HSB Ventures, the corporate venture capital arm of Munich Re. The amount of the deal was not disclosed. The investment aims to support Slice’s upcoming product launch in the US. Led by CEO Tim Attia, Slice Labs is launching an on-demand, pay-per-use insurance for the on-demand economy which aims to be cost-effective, easy to acquire and provide superior coverage. The company had previously secured seed funding from Horizons Ventures and XL Innovate.
Talanx embraces insurtech
04 OCT 2016 | German insurer Talanx has become a partner of the Plug and Play insurance platform in Silicon Valley and joined the insurtech start-up accelerator Startupbootcamp in London. Plug and Play helps digital start-up companies turn their ideas into commercial products and services, and has already partnered with a number of insurers, including Admiral Group, Munich Re and Aviva.
Is insurance ripe for disruption?
04 OCT 2016 | Insurance is ripe for disruption with investors rushing to fund insurtech ideas. That is the verdict of a new Financial Times report, which points out that a host of backing is coming from traditional venture capitalists who view insurance as fertile territory
Ten fintech start-ups that are causing a stir in insurance
04 OCT 2016 | For a long time, the fintech start-up scene took little interest in the seemingly sleepy world of insurance. Payments, foreign exchange and peer-to-peer lending grabbed the headlines, plus the funding.
Digital Risk Profiling Transforms Insurance
30 SEP 2016 | There are some large anomalies in the business insurance market, including: Small to medium-sized (SME) business spend billions of dollars on premiums globally, yet a detailed risk profile is rarely developed to ensure that insurance producers and carriers are seen as trusted risk advisers rather than just sellers of product. The absence of risk profiling, and risk control information, makes it very difficult for insurance carriers to recognize and reward businesses that commit to improving their risk management and lowering loss ratios.
Insurtech deals blossom
29 SEP 2016 | Insurance technology investments continue to boom, but the average deal size is shrinking, according venture capital database CB Insights. The firm reported 120 insurtech transactions this year to 26 September, up from 118 in 2015, but senior research analyst Matthew Wong noted total funding of $1.39bn was slightly lower compared to the same period last year (see chart 1).
Aetna, Apple Enter Wellness Partnership
28 SEP 2016 | Aetna has entered a wellness partnership with Apple, combining the tech giant’s mobile products with an analytics-based wellness and care management program. Beginning this fall, the health insurer will make the Apple Watch available to select large employers and individual customers at discounted prices. Aetna will also provide Apple Watches to nearly 50,000 employees, who will participate in its wellness program, at no cost.
Insights
See IoT in practice with two infographics: meet two fully-connected and insured families
03 OCT 2016 | The two infographics have been created by Insurance Nexus in the run up to Insurance IoT USA (November 15-16, Chicago), the world’s largest meeting place for the connected world and insurance. During the event, InsurtechNews together with Insurance Nexus will be announcing the winner of the InsurtechNews IoT 2016 Leader Award. Voting will be open soon to the public so be sure to follow us on Twitter @insurtechnews and via newsletter to have your say in who will win.
Vitality, If P&C, BGL Group and Bain Discuss Delivering Customer-Centricity in Claims
29 SEP 2016 | The trend of hyper-convenience has effected every industry and any company unable to keep up has suffered. More than just a throwaway buzz-term, customer-centricity captures the mood of an industry going through major technological and psychological gearshifts. Insurers are rapidly coming round to the idea that customer-centricity in the claims process is a vital part of retaining profitability and guaranteeing growth. But, to achieve both insurers have to understand precisely what the definition of customer-centricity is and how, if it’s going to have any impact on these two business-critical KPIs at all, it is far more than an exercise in marketing lip-service.
Agenda
Insurance Analytics Europe
05 OCT 2016 | The Grange Tower Bridge | London, UK: The 3rd Annual Insurance Analytics Europe Summit will bring together 200+ insurance executives from across Europe to explore both innovation in the insurance industry and uncover strategies to fully utilise the ever-increasing analytics capabilities available to insurers. Featuring over 60 speakers including AIG, Aviva, Zurich, Generali and more, there is no other European insurance event that explores both the future of the industry including cutting-edge technology and innovative trends, as well as providing practical strategies to best use analytics across the core insurance business units including underwriting, pricing, claims and marketing.
InsureTech Connect 2016, Las Vegas
05 OCT 2016 | Las Vegas Convention Center: The insurance ecosystem is undergoing transformation and innovation like never before, and what we have seen is only the beginning. Where can you go to meet the leaders who have not only shaped the industry as we know it but are creating the future as we speak at InsureTech Connect 2016. With over $2.65 billion invested into insurance-tech startups alone last year, and more than 10x that in insurance tech spend, the pace of innovation and the opportunity to disrupt the insurance ecosystem has never been greater. From distribution to pricing, product development to underwriting, claims servicing to compliance — no part of the insurance value chain is safe from change.

© 2015 Digital Tech S.r.l.
Galleria Pattari 2 (Piazza Duomo) 20122 Milano
info@insurtechnews.com

This newsletter was sent to you by Digital Tech S.r.l.
We invite you to read the Terms of use of the Portal as well as our Privacy Policy.
If you have received this email by error or if you wish to unsubscribe from our Newsletter please click here.
For further information – or in order to update your contact information – you can send an e-mail to this address: info@insurtechnews.com