Sent on December 21, 2016

News
2017 Predictions for Insurtech, Australia D&O & India Cyber Insurance, Part 2
20 DEC 2016 | Insurtech was an insurance buzzword in 2016 and that’s likely to continue next year when it will permeate almost every aspect of U.S. industry, according to a prediction from international law firm Clyde & Co. Clyde & Co.’s insurance team has published a list of predictions for 2017, which Insurance Journal is summarizing. Yesterday’s article covered mergers and acquisitions and Brexit.
17 Insurtechs to Watch in 2017
20 DEC 2016 | It's no secret that 2016 was the year that insurtech -- the growing community of technology startups focused on the insurance industry -- took center stage. The sheer number of companies that came of age and began plying their wares to carriers vitalized the industry. Around the world, from Silicon Valley to Des Moines to London, accelerators and incubators aimed at cultivating these companies and their missions sprouted as well, bringing technology companies into contact with the businesses they are trying to disrupt.
AXA participates in insurtech's $20M round
19 DEC 2016 | Insurtechs continue to attract attention and investment from incumbents, which One Inc., a Californian core software provider for insurers, proved this week when it raised $20 million in a Series B funding round in which two major insurers participated, according to Crowdfund Insider.
Top 5 Insurtech Trends for 2017
19 DEC 2016 | The emergence of insurtech has been fueled by new digital capabilities and Internet of Things (IoT) devices that are reducing costs, changing systems and processes and enhancing the consumer experience. All financial services providers will learn from the insurance industry's experiences in 2017.
American And European InsurTech Startups Will Flood Asia In 2017
19 DEC 2016 | Asia will be the key pillar in the upcoming revolution of insurance and in all likelihood will become the hottest market for insurance technology (InsurTech) globally. Its no longer just a pipe dream as this time all the stars are aligning for it.
Blockchain to Help Insurtech Soar to $235 Billion Industry
16 DEC 2016 | Not only is fintech getting lift thanks to blockchain. The lesser buzzword – insurtech – could enjoy many of the same benefits of blockchain, known best for underpinning the cryptocurrency Bitcoin. Juniper Research posits in a paper entitled, “Fintech: Liberation or Liability” that revenues for products in Insurtech, the insurance-technology industry, could skyrocket thanks not only to help from machine learning breakthroughs, but, also, blockchain technology.
The Rise of Insurtech in the Age of Algorithms
16 DEC 2016 | Titled ‘Data Science for Banking & Insurance’, Dataiku’s free eBook includes recommendations, use cases, testimonials, and how-to checklists that enable you to make your mark in this new era of Fintech and Insurtech. Whether you are working in marketing, risk management, product design, finance, actuarial science, underwriting, or claim management
Insurers Must Seek Collaboration with Insurtech Startups
15 DEC 2016 | Cariers and startups are learning a lot about each other, and clear communication is key to unlocking value, say panelists at Plug & Play event.
Mountain View startup Hippo gets $14 million for world’s first smart home insurance plans
15 DEC 2016 | Mountain View-based insurtech startup Hippo announced Wednesday it closed its Series A financing round with a $14 million investment led by fintech-focused Horizons Ventures. RPM Ventures, Propel Venture Partners, GGV Capital and Pipeline Capital also contributed funds to the deal.
Insurtech: One, Inc Raises $20 Million Series B as AXA & MassMutual Jump Aboard - Crowdfund Insider
14 DEC 2016 | All in one cloud platform for insurance One, Inc., has raised $20 million from two very large insurance companies. AXA Strategic Ventures (ASV), the VC fund backed by AXA, and MassMutual Ventures, the venture firm offshoot of Massachusetts Mutual Life.
Insurtech platform revenues to approach US$235 billion by 2021, driven by machine learning and blockchain adoption: report
14 DEC 2016 | Fintech platform revenues derived from supporting the insurance industry will reach almost US$235 billion globally by 2021, up 34% year-over-year from an estimated US$175 billion this year, according to new findings from Basingstoke, England-based Juniper Research. The research company said…
NRMA's FireBlanket technology could revolutionise bushfire safety
14 DEC 2016 | NRMA has embarked on a new project to explore potential of fire prevention technologies with Data61, a division of CSIRO. The partnership follows two years of research and development with innovation partner Tricky Jigsaw, part of the M&C Saatchi Group, to build and test an early bushfire detection prototype called NRMA FireBlanket.
Insights
AI, Analytics, IoT, Blockchain: New York Life, Chubb and Assurant discuss technology integration
16 DEC 2016 | There’s no escaping it. Technology is dominating the conversation for modern insurers. From managing data resources through risk management, servicing claims and automating processes, the machines might not be taking over but they are playing a vital role in today’s insurance landscape. But simply onboarding technology isn’t enough to harness the disruption that is going on. It all has to work together across the organization to deliver real results.
Interview with Matteo Carbone, 50insurtech influencer: main trends impacting the insurance industry in 2017
14 DEC 2016 | I consider connected insurance the most relevant insurtech trend: it is the more mature as of today and with the larger TAM. Connected insurance solutions are all the insurance approaches based on sensors for collecting data on the state of an insured risk and telematics for the remote transmission and the management of the data collected. Connected Insurance is an insurtech trend able to generate for the insurance sector: Concrete benefits on the bottom line; More frequent interaction with customers, New knowledge about the customer and his risk; Positive externalities to the society. A paper about those impacts can be downloaded at the following link: http://bit.ly/ConnectedAndSustainableInsurance
Agenda
RE•WORK Virtual Assistant Summit, San Francisco
26 JAN 2017 | The next generation in predictive intelligence. Anticipating user & business needs to alert & advise logical steps to increase efficiency. The event will showcase the opportunities of advancing trends in virtual assistants and their impact on business efficiency, personal organisation and society. Explore the theory and application of VAs and chatbots in communications, healthcare, transport and more, with leading innovators. Use our discount code INSURT20 for 20% off tickets. Visit the event website & apply the discount at the checkout: https://www.re-work.co/events/virtual-assistant-summit-san-francisco-2017
Big Data & Analytics for Insurance, London
14 FEB 2017 | Data analytics is no longer restricted to the realm of technology in insurance. Today it is a business imperative. As well as providing solutions to long-standing business challenges, big data and analytics offers the power to transform fraud detection, underwriting, pricing and claims. Yet with new data sources, new modelling tools and the rise of Insurtech, it’s increasingly difficult to keep up with the latest innovation in insurance analytics. That’s why we’re bringing together insurance companies from across Europe to explore how big data and analytics can drive business growth. We’ve assembled leading experts from the biggest insurers to guide you through the latest data-driven strategies for success.

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