Sent on May 10, 2017

News
Could autonomous technology make car insurance more expensive?
09 MAY 2017 | Between an increasing number of airbags, high-strength structural materials and driver assistance technology, overall vehicle safety has increased exponentially during the past few years alone. Government standards are the primary driving force behind this trend, but so too is the race for automation, as car companies work on building self-driving cars as well as consumer trust in them.
Pypestream Certifies EY to Bring Smart Messaging to the Insurance Industry
09 MAY 2017 | Pypestream announced today that the Global EY organization will be its first officially-certified implementer for the insurance industry. By completing the ‘PypePro' Implementation Partner Training Certification, EY firms are now equipped to implement and integrate the Pypestream solution, train customers on user on-boarding, inform messaging strategies and support existing customers about Pypestream's technology and services.
Piloting the seas of commercial insurance customer transparency: Are insurtech companies leading the way?
08 MAY 2017 | Over the past few weeks I had the pleasure of meeting with a number of insurtech startups. Their mission? To create a customer-first company. One team in particular is building their company based on customer insights of the insurance industry. So far, their findings indicate customers believe insurance has more of a transparency challenge than suffering from a trust deficit – there is an increasing desire to know how their premium dollars are spent and how an insurance company views their risk.
Digital innovation in insurance market illuminated by new report
08 MAY 2017 | Insight Report: Digital Innovation in Insurance’ analyzes the potential impact of digital technology to the entire insurance supply chain, from product development to claims management, enabling insurers to reduce costs, and increase efficiency and profit margins. An increasing number of insurers are investing in building digital infrastructure and striving for growth by developing new business models using digital platforms.
Five ways insurance providers can use digitization to their advantage
08 MAY 2017 | In today’s world, Internet-enabled devices and systems use technology to make sure we can track and communicate with anything, at anytime, from anywhere. In fact, a new Frost & Sullivan report projects that the global sensors market will generate more than $162 billion by 2019. This trend, often defined as “The Internet of Things” (IoT), is driving digital disruption across all industries – and the insurance industry is no exception.
5 Insurtech Trends for the Rest of 2017
05 MAY 2017 | Insurtech is an industry that is growing very quickly. In fact, between 2017 and 2020, the insurtech field is projected to grow 10% every single year. This growth is being fueled by the fact that insurance technology is rapidly improving, and the technology has tremendous benefits for insurers and policyholders alike.
The Future of Blockchain–Is It Clouded for Insurance?
05 MAY 2017 | Across all industries, business-to-business (B2B) organizations are now not only rapidly recognizing, but adopting, cloud. However, as other industries began utilizing and adopting cloud for data redundancy, privacy/security, scalability and much more, the insurance industry hung back, waiting.
TrustedChoice.com Takes on Insurtech Startups
05 MAY 2017 | TrustedChoice.com, the leading online lead generation platform for the independent insurance agency channel, debuts “Own Your Story” messaging in a new video, The One Thing Insurance Disruptors Don’t Have, We Do. The marketing campaign is designed to promote the value of the independent agency channel, flipping the script on the insurtech startup narrative.
Startups shaping intelligent insurance graduate from Startupbootcamp InsurTech
04 MAY 2017 | Insurance is experiencing synthesis: the coming together of various market constituents to create a connected whole. Synthesis is fusing the traditional and the new, incumbents and startups, and two complementary sets of stakeholders supported by digital technology and new ways of doing things. How are we seeing synthesis in insurance? Through collaboration and partnerships between large and world-renowned insurance companies and new market players. And synthesis is shaping intelligent insurance.
Meet Neos: the insurtech startup packaging IoT sensors with home insurance policies
04 MAY 2017 | Imagine you're sitting on a white sandy beach in the Caribbean, not a worry in the world, when your phone pings you a notification: there has been a leak at home and your kitchen is slowly filling with water. It's a hypothetical situation I hear a lot when it comes to covering innovation in the insurance sector, an industry not famed for its radicalism, and one I heard again a few weeks ago while chatting to Matt Poll, CEO and founder of Insurtech startup Neos.
InsurTech Futures: Lloyd’s of London fails to insure future with delay in technology take-up
04 MAY 2017 | Inefficient processes and a lack of understanding and deployment of technological solutions are holding Lloyd's back, writes Daniel Golding, director of financial services at Baringa. One of the great strengths of Lloyd’s of London is tradition. But this is also what’s holding it back. Rising from the ashes of the Great Fire of 1666, the London Market has grown to dominate the global insurance landscape. Covering an ecosystem of hundreds of firms, employing tens of thousands of people, and servicing gross written premiums of over £60bn, Lloyd’s has consistently operated at the vanguard of commercial risk transfer solutions.
Insurtech Startup AllLife Closes Funding Round
03 MAY 2017 | AllLife, a Johannesburg, South Africa-based insurtech startup focused on providing innovative life insurance products for those living with HIV and diabetes, closed a funding round of undisclosed amount. Backers included the Accion Frontier Inclusion Fund, managed by Quona Capital, and existing investor LeapFrog Financial Inclusion Fund I. The company will use the funds for expansion into innovative product lines and new geographies.
ILS players look to InsurTech to disrupt the value chain: WTWS
03 MAY 2017 | As technology continues to advance and influence industries throughout the world, the risk transfer landscape seemingly has little choice but to embrace and utilise the rise of InsurTech and, according to Willis Towers Watson Securities (WTWS), some insurance-linked securities (ILS) players aren’t shying away from the challenge.
Insights
Tällt Ventures Insurtech AI report celebrates disruptive innovation
09 MAY 2017 | A new report created by Tällt Ventures through the analysis of global Insurtech investments that covered 5M tech startups has been released today 9th of May. The report, “Insurtech Disruption Trends 2017, Artificial Intelligence”, features 60+ tech ventures that use artificial intelligence and which have the most potential to influence, change and disrupt the global insurance market. Part of the report is dedicated to the identification of key sectors within the industry set to be impacted most by AI. Neosurance, a startup that provides microinsurance solutions, has been included in the Insurtech Disruption Trends 2017 report making it one of the innovative startups that will disrupt the insurance market.
Neosurance chosen as best insurance startup during the Insurance & Previdenza Awards 2017
24 APR 2017 | Neosurance, the first Italian startup that has created a unique system which proposes “push” micro-insurance, has just been awarded the Insurance & Previdenza Elite prize for the “best insurance startup” category as part of the Insurance & Previdenza Awards 2017, an event made possible by Milano Finanza.
Agenda
DIA Amsterdam 2017
10 MAY 2017 | DIA AMSTERDAM 2017 The must-see event for insurtech and innovation in insurance. The first and biggest global insurtech conference: 50 insurtechs on stage, 8 Thought leader keynotes, 550 Attendees from 200 Companies, from 36 countries, C-level and C-1 decision makers of all major insurance carriers.
GCC Insurance Summit 2017
15 MAY 2017 | With the GCC Insurance Industry slated to cross over $60 bn by 2020, and growing at the CAGR of 16.7%, it is often easy to forge this trend as a seemingly positive outlook. However, on closer inspection, there is no denying the fact that immense challenges lie in store for insurance operators today to maintain profitability whilst retaining a unique competitive edge. The inaugural edition of the GCC Insurance Summit, held under the theme of “EMERGING RISK | MARKET EVOLUTION | EMERGING OPPORTUNITIES” will set out to tackle the single most significant challenge the sector is facing: Customer Engagement The advent of the digital revolution has brought with it a gamut of new improved user experiences, that has resulted in a paradigm shift in customer behavior, making customer engagement all the more hard. With the adherent proliferation of media, and unpredictable customer behavior, it is no secret that vying for customers’ attention has emerged as a prime concern for insurance operators.

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