Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web. |
Today’s top selected digital insurance content
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| Sun Life Financial, a Toronto-based insurer, is set to introduce medical cannabis coverage to its group benefits plans. Life Insurance International |
| As per Boston Consulting Group, since 2008, Financial services firms have spent about $321 Billion in conduct/mis-selling related issues. |
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| Lloyd’s of London has announced that it will be launching an Innovation Lab later this year, as the market looks to develop advanced technology solutions to meet its rapidly changing needs. |
| According to CEO & founder of Flamingo AI, Dr. Catriona Wallace, Flamingo AI is a "true" machine learning company that provides cognitive virtual assistants. |
| US-based Slice Labs, which specialises in on-demand insurance, is partnering with a Top 50 UK
insurer. |
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Read more in-depth content from The Digital Insurer
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For this month’s InsurTech Insights, KPMG’s contribution is written by Dr Rebecca Pope. The article explains how AI and machine learning are already bringing immediate benefits considering data privacy and regulatory challenges. | | This month we take a look back at the major developments of 2017 and select the most progressive InsurTechs from the fields of telematics and MedTech. We also speak to Mapfre’s Gracie Gan about her views on China’s regulatory landscape and digital insurance activities.
| | This presentation from IBM’s Kelley Buchanan explores why cognitive technologies (AI/ML) are getting so much attention from insurers, and how best to invest in these technologies for competitive
advantage. |
For this month’s InsurTech Insights, KPMG’s contribution is written by Chia Tek Yew. The article explores the usage of technology in connected insurance for providing new value and utility for customer. | | This month we delve into the world of blockchain and how insurers and InsurTechs in China are rapidly deploying new applications using the technology. | | This report suggests data and analytics leaders at global life and P&C carriers are investing as much as $80 million per year in data analytics, with nearly all planning to invest more moving forward. |
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