Sent on November 30, 2016

News
S&P Prediction: InsurTech Will Become Part of Traditional Insurance Landscape
29 NOV 2016 | InsurTech has a complementary place in the traditional insurance world, despite remaining uncertainty in the industry about how it will function on a wide scale, Standard & Poor’s said in a new report.
Insurtech Gaining Momentum
29 NOV 2016 | CB insights states that VC investments in insurance technology is going gangbusters and has quadrupled in the last few years. New firms, such as Oscar, has kind of led the way but now all the big insurance companies have formed their own in-house venture firms to catch up to the many ways ‘insurtech’ can modernize (cost saving, claim processing, etc) their business. Here in this article are several ways that this new technology is “blossoming”.
Fintech Draws Insurers as Europe’s Startup Deals Heat Up
28 NOV 2016 | Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years. The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is “one of the last bastions of the 19th century,” a “disaster” with products that are almost “impossible to understand.” Rear’s job is to change that.
What is InsurTech, Origin and History in Financial Technology?
28 NOV 2016 | InsurTech is a fintech subsector that is growing fast, with the global InsurTech market expected to grow at a compound annual growth rate of over 10% between 2016 and 2020, according to Technavio. The term InsurTech is closely related to the changes in the insurance industry which depends on the needs of the evolution of …
American And European InsurTech Startups Will Flood Asia In 2017
25 NOV 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...
INSURTECH: TOP 100 INFLUENCERS AND BRANDS
24 NOV 2016 | Insurance technology, also known as InsurTech, is an economic industry composed of companies that use technology to make insurance services more efficient. InsurTech is an integral part of the global FinTech revolution to bring more innovation to the financial sector in general. InsurTech involves exploring avenues that large insurance firms perhaps have less
Insurtech market to grow at 10.41% CAGR from 2016 to 2020 examined in new market research report - WhaTech
24 NOV 2016 | The insurtech market report: "Many insurance companies are focusing on expense management in a bid to increase profit margins. This is possible only through the application of technology.
Disruptive forces reshaping the financial services landscape
24 NOV 2016 | The disruptive forces reshaping the financial services industry was one of the issues discussed by industry leaders at a forum hosted by national law firm Bond Dickinson LLP on fintech and insurtech at the London Stock Exchange. Chaired by technology broadcaster Rory Cellan-Jones, the event charted a disruptor’s journey from concept to fundraising to maturity.
101 InsurTech Startups Revolutionizing the $4.5-Trillion-Dollar Insurance Industry
24 NOV 2016 | The young, but extremely vibrant history of InsurTech proves it to be one of the most electric industries to follow in 2017 and beyond. An ever-expanding list of outstanding InsurTech startups is already shaking up the $4.5-trillion-dollar industry by leveraging technological capabilities.
Start-up competition aims to spur growing field of insurance technologies
24 NOV 2016 | According to JVP, Israeli startups can revolutionize the multi-billion dollar global insurance industry which has basically gone unchanged and is now ripe for a tech disruption.
XL Catlin names CEO of InsurTech team
23 NOV 2016 | XL Catlin has appointed Vincent Branch as CEO of its InsurTech unit Accelerate. Branch was previously chief underwriting officer and chief actuary for UK medical insurance specialist VitalityHealth. Prior to this role, he was the global chief underwriting officer for personal lines at Zurich.
Morning Briefing: Insurtech firm Trov announces another major insurance partner
23 NOV 2016 | Insurtech firm Trov announces another major insurance partner Silicon Valley-based insurtech Trov has announced another tie-up with a major insurer as it launches its platform across the pond, giving an insight into how next year’s US product may look.
Munich Re Partners with InsurTech Start-Up Wrisk
23 NOV 2016 | Insurtech company Wrisk Ltd., which was founded earlier this year, has entered into an agreement with Munich Re’s Digital Partners business unit. Under the agreement, Munich Re companies become the exclusive carrier for Wrisk’s business underwritten in UK, Europe and USA. Digital Partners will also provide Wrisk with access to some of its underwriting platform services.
Insights
All about the Insurance IoT USA Summit. Find out who took home the InsurTech IoT Leader Award
24 NOV 2016 | As insurtechnews.com we’ve had the pleasure of participating at last’s week Chicago edition of the Insurance IoT USA Summit 15-16 November 2016 – an important meeting place for the Connected World and the Insurance Industry where disruption is confronted - an event sponsored by Octo Telematics, IBM and L&T Infotech. We’ve seen lots of exciting presentations on the role of IoT in insurance and what some of the top insurtech thought leaders have to share with us from their vast experience. The first day started with an introduction by Marsha Irving on behalf of the Insurance Nexus team and from Stephen Applebaum – Principal at Insurance Solutions Group – who was the event’s host.
How to sell micro insurance and improve insurance value chain management? These two startups have the answer
09 NOV 2016 | At the moment incumbents still rule the insurance world because of capital, infrastructure, knowledge of the sector and its customers and so on. Precisely because of that, established companies should be ready and very much capable of maximizing the value of solutions put forward by insurtech startups – which are plenty and resourceful but usually lack in deep knowledge about the insurance sector, legal barriers and are dependent on funding. Whether it’s risk reduction, cost optimization or context based pricing, the advantages should be by now more clear for incumbents so we expect to see more proactiveness from their part.
Agenda
Instech20/20 London
05 DEC 2016 | The King's Fund, London: instech20/20 is painstakingly designed to be THE meeting place for THE top insurance companies, as well as for a carefully selected group of proven Fintech innovators. Chief Operating Officers, Chief Innovation Officers, Chief Marketing Officers, Chief Data Officers and Chief Technologists from the top 250 insurance and re-insurance companies form the advisory board and the panel of speakers and participants. Dozens of innovators will be joining the panels and debates, with some of the most senior C-level executives from the world’s largest insurance giants, as well as medium size underwriters, brokers and small companies, to explore the future impact of this technology on your business. In short, all of your competitors, partners and future employers will be at this event!
Insurance Analytics, Predictive Insights and Big Data Forum, London
07 DEC 2016 | With the rapid proliferation of data and advancements of technology, the usage of Big Data and Predictive Insight is not an option but an insurance “lifestyle”. At the Insurance Analytics, Predictive Insights and Big Data Forum, we are setting up the stage for insurers and international top leaders to convene and discuss on groundbreaking strategies to harness the power of Big Data and Predictive Insights to improve organizations’ value chain, increase bottom-line and achieve a competitive edge in the marketplace. Using the latest technological advances such as Internet of Things (IoT), Wearables and Telematics, this forum is dedicated to establishing intelligent solutions for improving underwriting, pricing, claims, customer experience and fraud preventions.

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