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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| “You never change things by fighting existing reality. To change something, build a new model that
makes the existing model obsolete.” |
| It's crucial that insurers develop clear career-path options for these valuable staff, because there will be lots of competition for the skills. |
Sign up for the KPMG sponsored webinar on 'Simplifying Customer Experience' on 10th May. Register for free |
| We may see an even larger wave of InsurTech capital in the coming years, continuing the upward trend in overall market funding, which has increased for six straight years. |
| With use cases in fraud protection, risk management, claim processing and smart contracts, blockchain has a promising future. Insurance Thought Leadership |
| PwC has reported that 85% of Chief Executive Officers (CEO) in the re/insurance industry have expressed concern over the pace of technological change, a higher proportion than leaders in almost any other industry. 100 re/insurance CEOs participated in PwC’s 21st Global CEO Survey, which revealed
a generally positive. |
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Read more in-depth content from The Digital Insurer
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The latest edition of InsurTech Insights, in partnership with KPMG, explores the impact on motor vehicle insurance due to the rise of cars that drive themselves. We have three excellent featured articles on Insurance in the age of autonomy, one by Chris Nyce & Joseph Schneider from KPMG and the other two by Rick Huckstep & Andrew Dart from The Digital Insurer. | | This month we look at what digital insurance can do for China’s aging population. From preventative healthcare to smart home assistants, advances in sensors are lifting the burden of senior care from the government and into the hands of senior’s themselves. | | As risk aggregators disrupt the small-to- medium-sized enterprises (SME) insurance market, insurers face tough choices. Do they take on the aggregators at their own game with an efficient, platform-based offering? This report, from KPMG’s Global Strategy Group, offers guidance to commercial insurance players seeking to turn
disruption into competitive advantage. |
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’s China in Focus investigates the InsurTech and AgriTech efforts set to transform rural China.Swiss Re, in thought leadership, looks more closely at available livestock insurance in a country
where epidemic disease outbreaks kill and harm animals, while financially devastating ill-prepared farmers.In interview we speak with Tony Compton who is currently advising several InsurTechs in Shanghai and London. | | Insurers historically leading and optimising for risk mitigation and execution are now required to develop new products at faster rates, meet the larger financial industry’s pace in customer service, and take advantage of data analytics in
a manner far beyond what’s typical of underwriters. |
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