Sent on November 02, 2016

News
Blockchain and Internet of Things used to make interbank trade
02 NOV 2016 | Commonwealth Bank of Australia (Commonwealth Bank), Wells Fargo and Brighann Cotton have carried out, what they claim is the first worldwide trade transaction between two independent banks combining the Blockchain, smart contracts and Internet of Things (IoT).
Health Payers Offer up Telehealth Data to CBO
02 NOV 2016 | Eleven major health insurers have offered their non-Medicare data to the Congressional Budget Office as a resource for demonstrating the effectiveness of telemedicine in the hope the CBO will include the data in future calculations around the cost savings generated by the use of telehealth technology.
InsurTech Futures: Face the future
28 OCT 2016 | The emphasis insurtech start-ups place on making life easier for customers must be keeping some brokers awake at night. After all, customer-centricity is traditional broker turf. But, while insurtech itself might be shiny and new the issue it creates for brokers isn't. The growth of comparison sites made the old way of buying personal lines insurance a distant memory.
Artificial Intelligence and the Insurance Industry: What You Need to Know | Huffington Post
28 OCT 2016 | Artificial Intelligence (AI) encompasses everything from machine learning to the Internet of Things (IoT). Thanks to these tech advancements, AI systems are now able to perform tasks that previously required human intelligence, such as visual and speech processing, decision-making and language translation.
Insurtech Has Found Right Question to Ask
27 OCT 2016 | Like many others, I took two days out of a busy week, flew to Las Vegas (why not?) and joined the standing-room-only crowd at the inaugural InsureTech Connect 2016, recognizing that Dreamforce, the HR Tech Conference and my day job of serving my clients were all competing for my attention.
Why did Allianz invest in Berlin InsurTech startup Simplesurance?
27 OCT 2016 | According to leading VC and daily blogger since blogging began – Fred Wilson: “There are two kinds of corporate investments in startups; passive corporate VC arms and active strategic investments.
80% of P&C firms worldwide will invest in insurtech by 2018
27 OCT 2016 | Almost two-thirds of the world's 25 largest insurance companies have invested in insurtech, and by 2018 the majority of insurers worldwide will join them, new research by Gartner claims.
Virtual Assistants, Artificial Intelligence, and… The Insurance Industry?
26 OCT 2016 | Beyond the convenience an on-demand ride provides, I believe the greater opportunity that Uber drivers create today, and what autonomous vehicles will create tomorrow, is freeing up the cognitive load that operating a vehicle puts on our minds.
After Fintech, ‘Insurtech’ Startups Look To Be Next Big Thing
26 OCT 2016 | Release: Gartner Inc. , one of the world's leading information technology research and advisory company says insurance sector leaders need to expand their market insight concerning the innovation and disruption potential of insurance technology startups (insurtechs) to complement their digital insurance strategies, according to Gartner, Inc. According to Gartner research, 64 percent of the world's 25 largest insurance companies have already invested directly or indirectly via their venture capital arms in insurtech startups.
Fintech, insurtech and institutions in Asia – a match made in heaven?
26 OCT 2016 | A game designer, hipster and digital nomad meet in a boardroom. No – this is not a joke. Insurers are increasingly bringing customer experience focused talent from startups and major tech giants in to work in their newly established digital and innovation functions. In essence, they are building pockets of inspiration into a heritage structure. It’s a two way street – many insurtechs companies are founded by industry veterans that have left their safe, well paying jobs and are looking to introduce a breath of fresh air into the industry.
Munich Re using big data to develop new coverage and services
25 OCT 2016 | Big data is now being used to improve the identification, modelling and insurance of risks. Munich Re is taking advantage of these opportunities to develop new insurance solutions and services in conjunction with clients and partners. Extended IT and analytic competence is already being utilised – for example, in the early detection and trend analysis of fire losses.
Insights
How Insurtech could leverage the 20B connected device expected by 2020
02 NOV 2016 | Last week, for the second year in a row, Barcelona hosted the IoT World Congress, likely the best and biggest event for players in the industry. The congress dealt with several specific verticals, analyzing how IoT is impacting and disrupting them: healthcare; transportation; energy; manufacturing. Interestingly enough, few common trends emerged as a result of the conversations made during the event: first of all, IoT projects drastically vary one from the other, but all of them have common (and several) challenges, both technical and business ones.
The ABC’s of insurance: analytics, business transformation and customer centricity
28 OCT 2016 | At present, insurance is in an exciting place. Excitement is not often associated with this industry as it is dependent on predictability and the management and mitigation of risk. But, today it’s a sector filled with speculation and anticipation. The rapid pace of innovation now requires insurers to position themselves at the bleeding edge of technology, engaging with it without any real certainty of what it’s all going to mean. We are stepping bravely into the unknown.
Agenda
RE•WORK Machine Intelligence Summit, New York
02 NOV 2016 | Where machine learning meets artificial intelligence. The rise of intelligent machines to make sense of data. The event will explore advances in machine learning & AI technology and applications. Learn from the industry experts in speech & image recognition, neural networks and big data. Explore how machine intelligence will impact agriculture, manufacturing, finance & transportation. Use our discount code INSUR20 for 20% off tickets. Visit the event website & apply the discount at the checkout: https://www.re-work.co/events/machine-intelligence-summit-usa-2016
InsurTech Rising, London
14 NOV 2016 | The Crystal, Royal Victoria Dock, London| Discover the innovations set to transform the insurance industry at the leading InsurTech showcase. Hear from industry leaders on how they are harnessing the power of InsurTech to accelerate their digital transformation strategies and deliver customer-centric solutions. Meet the innovators driving this change, from insurers and entrepreneurs to VCs and solution providers. GET 10% DISCOUNT WITH THE CODE: FKN2483ITN

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