Our lead report this month is the CB Insights Global Fintech Report, looking at funding rounds in Q3 of 2019.

The end of last year showed strong funding for fintech and there were high hopes for 2020. Those have been dashed following the outbreak of coronavirus, but businesses currently burning cash to stand still we be committed to transforming their models once the crisis is over.

Tallt starts its paper by saying that insurance should not be compared quite so closely with the banking world. There are differences at play and implementing big new tech is difficult. That doesn’t offer an ‘out’ for those that have been dragging their heels, however. The paper focuses on how organisations should leverage organic growth, but apply a holistic approach if they are not to be left behind.

A Deloitte report on those leading the charge in the development and deployment of artificial intelligence (AI) recognises that while there is a long way to go, those who have not yet started are being left behind.

Insurance Nexus published a fascinating report on the growth – and in some cases the lack thereof – of the internet of things (IoT). The potential remains huge, but there are still a few wrinkles to be ironed out.

India is now the second largest market for digital consumption and will explode once coverage becomes universal, says this Assicurazioni Generali paper.

The message is the same here as in other markets – digitalise or become irrelevant. But this is a market, like many developing economies, that will skip several developmental stages, because the device is the main point of access. It is therefore time for businesses to adapt their models, and quickly, if they wish to survive.

Brazil is another fast growing market, says EY, with rapidly expanding digital access. Starting from a low base, its potential is huge to expand reach and increase penetration in a largely uncovered market.

This Oliver Wyman paper looks at the structural cultural problems Lloyds and the London Market have been forced to address.

Culture is one of the greatest obstacles to transformation. This is an extreme example, but how adaptable is your organisation’s culture to the demands of change? If you are not sure, it is probably time to find out.

The last report is from Insurance Europe, and is a short white paper offering a pragmatic model for advancing insurance regulation in the European Union.

Consumer protection remains the central tenet, but the message is that by working with the industry, the regulator can streamline the process without compromising safety.