Sent on August 17, 2016

News
Insurance Virtual Reality? 4 Use Cases
16 AUG 2016 | Virtual reality seems like one of those emerging technologies with limited applicability to insurance. Its widespread adoption may still be a few years away, and how does it relate to insurance anyway? I’ve tested out a few VR headsets over the past few months and have come to realize that there is opportunity for insurance, but you wouldn’t know if from the typical demos and apps.
Think Insurtech won’t take off? £6 million says different…
16 AUG 2016 | If you’re not already on the Insurtech bandwagon then now might be the time to jump aboard. That’s because Insurtech’s development has been given a huge boost after start-up company BUZZMOVE announced it had picked up £6 million in funding led by White Mountains Insurance Group.
The Theory of a Blockchain Circular Economy
15 AUG 2016 | We are in the early stages of a new chapter in the nature of work. The blockchain will enable us to do our jobs and be compensated inside new circular economies that have their own currency units and their own work units. This, I believe, is one of the greatest themes to emerge from blockchain technology. Most work today is compensated via bilateral agreements between a worker and an employer according to a simple contract: you work in X job, and we will compensate you in Y currency.
Home Insurers Take Cautious Approach to Smart Devices
11 AUG 2016 | The property and casualty insurance industry is taking a closer look at the potential for smart home devices. Observers expect that smart homes will have a similar effect on home insurance that telematics and the connected car did for auto insurance. Soon, carriers aim to use connected-home technology for claims avoidance, underwriting and improved interactions with homeowners beyond just creating a policy. That’s according to new research from technology-research firm Gartner. And, some insurers are beginning to invest in connected-home companies using their internal venture capital arms.
Will InsurTech startups take over your drone insurance business?
11 AUG 2016 | More than half a million drones have been registered with the US Federal Aviation Administration since December 2015, setting the personal and commercial drone space up as what many insurance professionals consider among the biggest emerging markets in the industry. Yet agents and brokers looking for a share of the profits already have a major competitor: a New York-based startup called Verifly.
Insights
The New Age of Personalised, Data-Driven Product Development
15 AUG 2016 | With IoT enabling usage based insurance, tech-driven start-ups exploring niche opportunities and customers demanding more of their insurance providers and products, do you understand how data-driven product development is changing the industry forever? Insurance Nexus recently interviewed top insurance executives to understand how products are being transformed, adapting to societal trends and personalising to individuals. Read the whitepaper, “The New Age of Personalised, Data-Driven Product Development in Insurance” now.
InsurTech Matchmate Game
10 AUG 2016 | To any outsider, it’s very clear that the InsurTechs and insurers make for very odd bedfellows. The InsurTechs are quite ephemeral. They sprout up with the sweet rains of VC funding and die as their funding dries up. They are nimble and innovative. They aspire to be the next Google - ready to disrupt the establishment in the best “Moon shot” tradition. Insurers, on the other hand, tend to be corporate immortals, often measuring their tenure in centuries. Their processes appear fixed and hidebound, handed down from ages gone by.
Agenda
Connected Car Insurance USA 2016, 7th Annual Conference and Exhibition
07 SEP 2016 | Radisson Aqua Blu, Chicago: The Connected Car Insurance USA Conference & Exhibition is the largest and most informative forum for executives from across the connected car and auto insurance industries. This year, more than ever before, we broaden the scope to encompass the most current topics shaping the motor insurance space: from new mobility and autonomous to ADAS and the connected car disruptor to data sharing and advanced analytics.
Chief Data Officer Forum Insurance 2016
15 SEP 2016 | Swissotel Chicago, Illinois, USA: The Chief Data Officer Forum Insurance 2016 which will establish a focal point of discussion for Insurance specific CDOs, CAOs and senior data professionals to evaluate the evolving demands of big data and analytics in the Insurance space and importance of championing data/analytics evangelism at an enterprise level. This highly interactive forum, will tackle some of the insurance’s industry’s most crucial topics including price optimisation, fraud analytics, predictive modelling, customer data management, disruptive innovation, embedding a data culture within your organisation and data quality. It will provide you with the tools needed to empower your data and analytics initiatives to bolster your business outcomes. No matter the maturity of your organisation, the two day conference will enable you to shift the cultural mindset to a data-centric approach to problem solving.

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