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Sent on October 25, 2017

News
Why MassMutual is increasing its insurtech investment by $100 million
25 OCT 2017 | MassMutual Ventures, the venture capital arm of MassMutual Life Insurance Company, has announced a second $100 million fund earmarked for startups developing distribution, user experience and cybersecurity technologies.
Insurtech’s effects become clearer
25 OCT 2017 | Insurtech and its potential for re/insurers was the main theme of the annual Baden-Baden Intelligent Insurer Roundtable sponsored by S&P Global Ratings. Executives representing reinsurers, service providers, cedants and brokers debated a number of key issues at the event.
Insurtech Startup, Insurdata, Raises More Than $1M in Seed Financing
24 OCT 2017 | Insurdata, an insurtech firm that provides re/insurance underwriters with property-specific data to support their pricing, underwriting and portfolio management decisions, announced it has raised over $1 million in seed financing from investors including Menlo Ventures, Anthemis Group, and Plug and Play.
Insurtech Startup Yolo Raises €1M in First Venture Capital Funding Round
24 OCT 2017 | Yolo, a Milan, Italy-based insurtech startup, raised €1m in its first funding round. The round was led by Barcamper Ventures, venture capital fund managed by Primomiglio SGR SPA, with participation from Miro Ventures and Mansutti SpA, one of the main brokers operating in the Italian market.
Insurtech Startup Democrance Raises US$800,000 To Make Insurance Accessible To All
23 OCT 2017 | UAE-based Democrance, a startup that leverages technology to make insurance accessible and affordable for the low-income population, has raised US$800,000 in its first external funding round.
Vitality offers Apple Watch Series 3 to members
23 OCT 2017 | Vitality has announced that the Apple Watch 3 will be available to members. The insurer's members will now be able to get Apple Watch Series 3 (GPS) and Apple Watch Nike+ (GPS) from £29 and then fund the remaining balance by getting active, with the potential to reduce all future monthly payments to zero.
American Family Insurance, Frontpoint partner to protect homes
20 OCT 2017 | American Family Insurance is partnering with wireless home security provider Frontpoint to make it easier and more affordable for customers to protect their homes and families using cutting-edge technology
So, 2017 was supposed to be the year of InsurTech in Singapore
20 OCT 2017 | Back in late 2016, I vividly recall the bright growth predictions for insurance technology – with Singapore poised to be at the centre of this brave new insurance world. Now that 2017 is nearing an end, we can look back and find a bizarre turn of events.
FinTech Innovation Lab NYC Launches InsurTech Program, Opens Call for Applicants for 2018 Class
20 OCT 2017 | The FinTech Innovation Lab New York, a 12-week program co-founded by Accenture and the Partnership Fund for New York City, has launched an insurance technology, or “InsurTech,” track as the demand for innovation among insurers and the number of entrepreneurs developing new solutions for the sector rises sharply.
Axis Re exec on scaling insurtech in specialty lines
19 OCT 2017 | While some insurance carriers may fear displacement by insurtechs, Axis Re views startups and their distribution models as partnership opportunities, according to Jon Colello, the reinsurer’s president and chief underwriting officer.
InsurTech Futures: Worry + Peace creates ‘insurance’ email platform
19 OCT 2017 | Broker Worry + Peace has developed bespoke email addresses for customers who have signed up to use its insurance marketplace Pouch and claimed that brokers who use the system will be able to generate leads using the platform.
Insights
Insurtech will make insurance great again
18 OCT 2017 | Here we are celebrating two years of InsurTechNews and what better way to do this than giving you a quick update on the state of the industry and on our website metrics. Insurers, reinsurers and venture capital firms invested $985m (£735m) between April and June, with a total of $1.26bn up to date. The spike in 2017’s second quarter is expected to continue until the end of the year, surpassing previous quarters.
Lemonade – The First Anniversary Interview with CEO Daniel Schreiber
11 OCT 2017 | Lemonade is currently the market most talked-about disruptor. That’s why we’re pleased that, for the first time in Europe, Lemonade will present at DIA Munich what the pioneering concept is all about in a key note presentation. As a special DIA Munich appetizer we spoke to Lemonade CEO and Co-founder Daniel Schreiber last week, exactly one year after the company launched.
Agenda
Automated and Customer-Centric Claims
24 OCT 2017 | London Marriott Hotel Regents Park, UK | The most influential event for claims executives in 2017! Connected Claims Europe is an unmissable opportunity to leverage technology, such as AI, Machine Learning, Chatbots, Advanced Analytics, IoT and more to drive business efficiencies and exceed customer expectations. From automating the first notice of loss to digitising and connecting your supply chain, this is the ultimate meeting place for claims visionaries and leaders to gain inspiration and tools for immediate implementation from innovative insurance case studies.
Life and Health Insurtech
30 OCT 2017 | London, UK | Hear about some of the companies bringing innovation into the insurance life and health market place.
The Claims Transformation Forum
31 OCT 2017 | Claims has been identified as the opportune focus area for insurance companies to improve efficiency and reduce costs. Yet it is also the moment of truth in delivering customer experience that will win or lose customers. With the insurance industry undergoing a rapid technological revolution, automation, digitalisation and data analytics are key to achieving the most efficient claims process whilst ensuring a superior customer experience. This is also paving the way for a transformation in people skills and management, with talent becoming an increasing focus for insurers. London, UK | The difficulty of delivering this has been compounded by record-levels of insurance fraud, which disrupt both customer experience and process efficiency. In these challenging conditions, the claims service has become the key differentiator in a fiercely competitive insurance market, and companies who fail to meet evolving customer expectations whilst cutting costs and fighting fraud will lose out on vital market share. The Claims Transformation Forum will bring together leading claims professionals from across Europe’s insurance industry to address the key challenges in enhancing profitability and differentiating from competitors in a digital era.

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