2018 Insurance Innovation Awards Finalists Announced: AIG, Zurich, Eddy Home, Microsoft and Verisk Compete for Honors
- 6 years 2 months ago
- Insurance
After receiving an unprecedented number of nominations from across the insurance industry, the finalists of the Insurance Innovation Awards 2018 have been revealed, Insurance Nexus have announced.
B-Hive joins the Fintech Power 50 as an official partner
- 6 years 2 months ago
- Banking, Insurance, Infrastructure
B-Hive joins another great initiative – the Power 50, an accelerator program of 10 influencers and 40 fintech start-ups. The program connects fintech start-ups around the world with the real innovators of the industry while taking into consideration the needs of each start-up. As a renowned partner, B-Hive will actively promote the members to a global audience by helping to organize networking and event opportunities to the community.
UK INSURERS FALL BEHIND EUROPEAN COUNTERPARTS IN REALISING THE FULL POTENTIAL OF TELEMATICS
- 6 years 2 months ago
- Insurance
More than nine in ten (95%) insurance chiefs can see clear benefits of using telematics and the data science that powers it – although UK insurers are falling behind their European counterparts in fully appreciating the impact that telematics can have beyond risk modelling and potentially reducing car insurance premiums.
So-sure to introduce mobile phone insurance through the Starling Marketplace
- 6 years 2 months ago
- Insurance
Starling Bank today welcomes so-sure, the pioneering start-up mobile insurance company, to its in-app Marketplace. The partnership will mean that Starling customers will now be able apply for mobile phone insurance within minutes, directly from their Starling app. so-sure offers fast, reliable and simple mobile phone insurance in a market that is often seen as opaque and complex. so-sure declines less than 4% of claims - far lower than the... more
Anaplan launches a complete IFRS 17 General Insurance solution developed by Deloitte
- 6 years 2 months ago
- Insurance
Anaplan, a pioneer in Connected Planning, announced the release of an IFRS 17 General Insurance application on its App Hub marketplace, developed in exclusive partnership with Deloitte. The solution combines the strengths of the Anaplan platform for Connected Planning with the depth of actuarial, finance and data expertise from Deloitte.
Preparing insurance for the age of connected technology: how Allstate, Unum and FM Global are taking advantage
- 6 years 3 months ago
- Artificial Intelligence, Insurance
Both in terms of the way insurance products are accessed and in the way they are created, technology is at the heart of significant disruption. More products are becoming available through digital channels and to keep up with the fast pace of technological development, we now know that product development also must become more agile and responsive.
Nextbase Reveals Insurance Sector Research
- 6 years 3 months ago
- Insurance
Research by Nextbase, the UK’s leading and multi award-winning dash cam manufacturer, reveals almost one third (29%) of 18-25-year olds who had been involved in a car accident were either wrongly blamed or struggled to prove they weren’t at fault.
Zurich launches international startup competition
- 6 years 3 months ago
- Insurance, Infrastructure
Zurich Insurance Group (Zurich) has launched the Zurich Innovation World Championship, its new global competition to collaborate with the brightest and best start-ups and entrepreneurs in the insurtech space.
Smart China Expo Heralds Surge In Investment In Big Data Intelligence
- 6 years 4 months ago
- Non-Financials
Opening yesterday in China's western city of Chongqing and running through tomorrow, the first Smart China Expo (SCE 2018) has seen exciting top-level exchanges between global tech giants such as Alibaba, Tencent and Qualcomm which have already lead to announcements of a slew of investment deals worth nearly US$90 billion that underscore the city's ambition to become China's pioneer in Big Data Intelligence.
Short termism around digital transformation ROI frustrates UK CEOs
- 6 years 4 months ago
- Non-Financials
Tensions are starting to show between CEOs, Boards and management teams when tackling digital transformation projects, according to some of Britain’s biggest businesses. In a survey of 150 UK CEOs, it found that the majority said they were frustrated by short termism and the pressure from their Board to deliver results on multi-year digital transformation projects: 72 percent cited unreasonable expectations for return on investment related to... more
Amazon looking over Europe's top insurance companies
- 6 years 4 months ago
- Insurance
Amazon.com to tap the financial comparison market and check out Europe's pioneering insurance companies if they can contribute to a possible launch in the UK. It was mentioned on Reuters that three industry executives had already held talks on this topic with Amazon. One said the talks were part of several discussions Amazon is having with insurers. A second said there were no imminent launch plans.
NOVIS selects IBM Cloud to expand its business globally
- 6 years 4 months ago
- Cloud, Insurance, Infrastructure
IBM (NYSE: IBM) announced today that NOVIS, a growing European insurance company, has adopted IBM Cloud to help accelerate its international expansion, streamline business processes and gain efficiencies with innovation in a secured environment.
An existential crisis? Carriers are not prepared for the cyber threat
On average, insurance carriers are facing three effective security attacks per month! With customer data at risk almost every week, is your cyber security strategy strong enough? Register for the free webinar, “The Cyber Security Crisis: Protecting Customer Data as Hackers Advance” (Wednesday, August 8th at 11am CT).
Nominations open for 2018 Insurance Nexus Canadian Awards
- 6 years 5 months ago
- Insurance
The insurance industry is entering an age of disruption and digital transformation. Bespoke products and personalized outreach will soon be the new norm, and insurance carriers will see pivotal changes powered by AI solutions.
How InsurTech is Breaking Boundaries and Moving Beyond Insurance
- 6 years 5 months ago
- FinTech StartUps, IT Innovations, Insurance
New research from Startupbootcamp InsurTech (SBC) and PwC launches today, exploring how InsurTech has rapidly evolved over the past three years since Startupbootcamp InsurTech was established. The report shows that the narrative surrounding InsurTech has shifted and both parties are now working together to take the insurance industry into the next decade.
