Sent on May 18, 2016

News
Telematics: No Longer Just For Cars
18 MAY 2016 | The use of telematics in car insurance isn’t new. For the past few years, more and more drivers have been signing up to have little black boxes installed in their cars that monitor their driving behavior, as insurance companies offer incentives such as lower premiums and discounted rates for safe drivers. By allowing insurers to track their driving behaviors – including average speed, braking force and distance driven – drivers are able to negotiate lower premiums and other benefits, which many view as a fairer and less discriminatory way of assessing risk.
Top Blockchain Possible Applications
17 MAY 2016 | Blockchain is a fastest growing revolutionary technology that has been disrupting the financial world and now different areas of society, as developers and tech entrepreneurs realise that it can be used almost in everything. Some say it is the so much needed innovation for the coming age of the Internet of Everything (IoE) as it has the potential to become the structural ledger of everything.
Insurtech, Five Startups Disrupting Insurance Management in Europe
17 MAY 2016 | The challenge to disrupt the financial services sector via technology is now in its golden age. The latest figures clearly show this. The target is clear: No high street zombies, please! We need a new bank, more agile, easier to use for consumers and companies, which can establish a fairer relationship with all of us, with reduced time spent and no hidden fees, instead.
How the Tech Behind Bitcoin Will Change Your Life
16 MAY 2016 | It appears that once again, the technological genie has been unleashed from its bottle. Summoned by an unknown person or persons at an uncertain time in history, the genie is now at our service for another kick at the can—to transform the economic power grid and the old order of human affairs for the better.
How Bad Is Insurance Fraud Really?
13 MAY 2016 | Eamonn Freeman is managing director of Easy Life Cover, a life insurance company based in Ireland. He regularly researches and creates content relatable to his industry ranging from infographics to blog posts.
A crash course in how auto technology is changing claims
12 MAY 2016 | Automotive technology is evolving at a seemingly breakneck pace. New vehicles are making their way to auto body shops and into the hands of an industry that is not quite prepared. Claims professionals must quickly get up to speed while gaining the knowledge to handle these new technologies in the event of a crash.
Singapore: Private-hire cars get 1st usage-based auto cover
12 MAY 2016 | Ride-hailing platform Grab and AXA Insurance Singapore yesterday announced the launch of Southeast Asia's first usage-based commercial motor insurance for private-hire car drivers. Called AXA Pay-As-You-Grab (AXA PAYG), the policy is a tailored solution that caters to the need for flexibility by private-hire drivers who only pick up passengers part-time.
The Largest Insurers Are Building Incumbents to Ride the InsurTech Wave
12 MAY 2016 | InsurTech has a relatively young, but quite a colorful history. There are already at least 80 hot InsurTech startups shaking up the trillion-dollar industry. The insurance industry is one of the most massive and complex ecosystems with large and powerful corporate players. In fact, it is the biggest industry in the US with net premiums of $1.1 trillion in 2014. Insurance carriers and related activities contributed $421.4 billion, or 2.5% of the United States’ gross domestic product in 2013.
The Insurance Renaissance, Part 2
11 MAY 2016 | A few weeks ago, in our opening blog series on the Insurance Renaissance, we discussed how the climate of change we saw in the Renaissance of the 1400s holds lessons for the current state of insurance. In both periods, we see the epicenters of change and innovation. For insurers, the Renaissance is more than an analogy. It represents a real pattern of cultural shift with insurance business implications. Its hallmarks are now repeating themselves. For example, today we see digital use and globalization as potent business drivers.
Insights
Thought provoking insurance IoT discussions
06 MAY 2016 | Privacy, security, standardisation, connectivity… these are all concerns affecting the uptake of IoT in insurance. Insurers understand the value of IoT for their business but there are some major obstacles in their way to making it mainstream. Recently, FC Business Intelligence sat down with four big wigs from the Internet of Things Privacy Forum, Bain & Company, Groupama and Swiss Re and asked them what keeps them up at night when thinking about IoT adoption.
Data and analytics in the fight against fraud with QBE Insurance
20 APR 2016 | FC Business Intelligence recently got in touch with Rob Smith-Wright, SIU Claims Manager at QBE Insurance to hear how they’re using data and analytics in the fight against fraud. This is your chance to get clued up on how one of the world’s foremost insurers is utilising analytics to hunt down the fraudsters that target your organisation.
Agenda
Telematics Berlin 2016
17 MAY 2016 | Europe's Leading Connected Car Data Event - Steering Innovation from Dashboard to Boardroom Using the 'Silicon Valley of Europe' as its hub, Telematics Berlin brings together key industry innovators, leading OEMs and other important players from across the automotive value chain to discuss the current and future effects of data in the connected car. In short, for all your car data questions - Telematics Berlin is THE must attend events.
Insurance IoT Europe Summit
07 JUN 2016 | Insurance IoT Europe is the only customer built event created specifically to discuss the applications of connected devices in the insurance industry in 2016. The conference will evaluate business-critical topics on how to devise a business plan as real-time data and usage-based insurance models will completely overhaul the way that insurers evaluate risk and connect to their customers. As an extension to the dramatic change that new digital and analytics solutions have made for insurers, IoT is the new terrain to watch this year. Download the Brochure to find out why this is a must-attend event for your 2016 calendar!