Sent on June 21, 2017

News
Hannover Re parent Talanx boosts insurtech capabilities in digitisation push
20 JUN 2017 | Talanx is investing in and cooperating with start-ups in order to drive digitisation and enable profitable growth. Talanx, which operates brands like HDI, Targo insurers and Hannover Re is currently using pilot projects to review cooperation with two start-ups. The group has invested in the Elinvar platform, which offers asset managers a complete digital value added process. Talanx has also concluded partnerships with the Plug and Play innovation platform (Silicon Valley) and the start-up accelerator Startupbootcamp (London).
7 Tips for Start-ups Partnering with Incumbent Insurers: Trōv Founder Walchek
20 JUN 2017 | Trōv is a tech start-up that’s introducing the world to a new way to insure their things: on-demand for any duration, entirely from a smartphone. We’ve had to reinvent the insurance value-chain — from customer engagement through claims — by leveraging tech at every point to make the experience meet the expectations of emerging generations. We’ve launched in Australia and the United Kingdom, and will shortly be in the US.
Digital Fineprint selected by ConVista to utilise Social Autofill within OneDigitalOffice
20 JUN 2017 | ConVista’s OneDigitalOffice digital front office platform, today announced its partnership with Digital Fineprint, a London, UK based Insurtech startup that is building the industry standard technology solution that uses consumers’ social media information to optimize the insurance policy purchasing journey. OneDigitalOffice enables insurance companies to compete effectively in this age of digital disruption by creating a unified digital front office solution. reducing IT costs.
How to reduce your car insurance premiums
19 JUN 2017 | The average claim for youth drivers aged 18-25 in the 2017 financial year jumped to R40,976, up from R36,055 in 2016, according to new data published by Alexander Forbes Insurance. The insurer revealed that 70% of drivers in this age category are driving hatchbacks – 30% of these are Volkswagen.
Manchester-based HealthTech firm Now Healthcare Group closes £4m Series A
19 JUN 2017 | HealthTech firm Now Healthcare Group (NHG) has secured £4m in Series A funding from Medicash, a health cash plan provider based in Liverpool, in exchange for a minority stake in the business. Founded in 2015 by Lee Dentith and based in Media City (Manchester), NHG provides digital healthcare services through its brands Dr Now, Now GP and Now Pharmacy.
InsuranceNEXT’UA 2017 to force digitization in Ukrainian insurance industry
18 JUN 2017 | Ukrainian Federation on Insurance and the digital economy and fintech focused Future magazine with the support of the German (GDV) and Austrian (VVO) Associations of Insurers and the League of Insurance Organizations of Ukraine held the first insurance Conference InsuranceNEXT’UA 2017 in Ukraine. It was dedicated to the preconditions for digital changes in the insurance market of Ukraine and the world.
Startup Decisely: Insurtech ‘For Brokers, By Brokers’ Targets Small Business Benefits
16 JUN 2017 | San Francisco, Calif.-based EPIC and Two Sigma Private Investments kicked in a total of $60 million in late March to fund insurtech benefits startup Decisely to make potential acquisitions and to expand the firm’s services. Decisely has until recently been quietly making preparations to launch for the last few years.
Zurich uses accelerator to influence strategies of insurtech start-ups
15 JUN 2017 | Major Swiss insurer Zurich is working with accelerator Startupbootcamp to influence the strategy of insurtech start-ups, group head of business transformation Antony Elliott told Intelligent Insurer. “A few years ago, the insurance sector thought that these start-ups were coming to eat our lunch, now we see them more collaborating and joining us for lunch,” he said.
FinTech and InsurTech company IATAI Enterprises and payment solutions enabler BPP create Handy U, a universal and customizable payment, benefits and rewards solution
15 JUN 2017 | SAN FRANCISCO, June 15, 2017 /PRNewswire/ -- The FinTech and InsurTech company IATAI Enterprises (IATAI), which specializes in making mobile transactions, communications and other interactions quicker and easier across platforms, has joined forces with the payment solutions enabler BPP to develop Handy U, a universal and customizable payment, rewards and insurance solution for consumers, businesses and merchants.
Inside the hub of Canada’s insurtech community
15 JUN 2017 | Digital companies offering new, optimized experiences are driving up consumer expectations and insurance professionals are under pressure to not only embrace the innovation, but also be a driving force behind it. “To some extent, innovation is key to the survival of the industry. It also presents fantastic opportunities for companies to find new ways of distributing products or even creating new product categories altogether,” says Isotta-Riches, who is Aviva Canada’s chief information officer.
A list of insurers with innovation units
14 JUN 2017 | Here a list of insurers with innovation units made available by Coverager.
Insurance startup Sure raises $8 million and launches smartphone protection based on virtual diagnostics
14 JUN 2017 | Fledgling insurance startup Sure has raised $8 million in a series A round of funding led by IA Capital, with contributions from Menlo Ventures, FF Venture Capital, Nationwide Ventures, Assurant, and AmTrust. Founded out of New York in 2014, Sure is one of a number of insurtech startups to come to the fore in recent years, promising on-demand coverage for everything from apartments to pets, flight cancellations, and weddings
Insights
Can Malaysia catch up in the InsurTech race?
12 JUN 2017 | The first known insurance contract dates back to as early as 1347 when a ship was insured in Genoa for its voyage. Insurance may have been around for seven centuries but the business has changed very little. Even though we are now able to insure everything from our cars, homes, health to mobile phones, there have been only minor leaps in the adoption of technology across the insurance value chain. Fast forward to 2017 and all that’s about to change thanks to the impact of the insurtech disruption, which is the sudden wave of innovation fuelled by the intersecting fields of cloud, mobile, social, internet of things and artificial intelligence. Insurtech is finally enabling multiple value creation opportunities across the entire spectrum of the insurance business model.
CONNECTED: Insurtech and IOT
08 JUN 2017 | The “CONNECTED: Insurtech and IOT” event to be held in Milan on June 15th @ Microsoft House, will be centered around one of the most exciting topics of 2017: the evolution of the insurance world through new technologies like Artificial Intelligence, Social Networks, Augmented Reality and IoT. Fluel, the organizer of the event, will bring together some of the biggest names in insurance technology alongside managers that have already been working “hands on” in insurtech, AR and IoT - related projects. The conference will be a great opportunity to allow networking and promote debate between important sector players.
Agenda
InsurTech Rising Live: Digital Week
19 JUN 2017 | Tune in between Monday 19th – Friday 23rd June to delve deeper into the biggest issues facing the insurance industry. InsurTech Rising will be bringing you expert discussions via a series of interactive webinars, live Q&As, podcasts and articles to shed light on the areas most ripe for innovation and the technologies with the potential to transform the entire insurance value chain. Catch the future of insurance in real-time from the comfort of your desk with an exciting agenda built around business challenges and innovative solutions. Register here >>
CX Transformation Insurance London
20 JUN 2017 | London, UK | The insurance industry is consistently ranked as one of the worst for customer experience. Unbelievably only 16% of customers surveyed in 2016 said they would buy more products from their current insurance provider. Yet insurance executives are fast realizing that the leading carriers are the ones delivering customer experiences that inspire loyalty and attract new customers frustrated by their experiences with their current providers. AXA’s €200 million venture capital fund to improve customer experience is a case in point. That's why we're back for the 3rd Annual Customer Experience Transformation: Insurance Forum. It’s the only event in the UK to focus specifically on customer experience for the insurance sector, and we're assembling CX leaders to share concrete hints and tips on keeping up with customer demands. We will be tackling your biggest challenges and providing you with inspiring ideas on how to make your CX strategy a success.

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