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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| A global insurance protection gap of $163bn (£126bn) threatens the livelihoods of millions of people across the world, with poorer countries some of the most at risk.
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| Recruitment firm TritonExec says there is currently a lack of candidates with the desired insurance and digital expertise to fill demand
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Sign up for the KPMG sponsored webinar on 'Cybersecurity – Implications for the insurance industry' on 05th December. Register for free |
| Alpaca, a San Mateo, CA-based API stock brokerage for developers and bots, raised $3m in Pre-Series A funding from several investors.
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| Commonwealth Bank (CBA) yesterday announced the sale of its 80% interest in its Indonesian life
insurance business, PT Commonwealth Life (PTCL), to FWD Group (FWD) of Hong Kong.
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| Chubb announced today the launch of its enhanced cargo insurance product targeting importers and exporters in Hong Kong and Taiwan.
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Read more in-depth content from The Digital Insurer
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This month’s InsurTech Insights looks at cyber security and its implications for the insurance industry.Vincent Maret, Partner and Head of Cyber Security Services, from KPMG France, provides a good overview on how a variety of different corporates are handling the cyber threat.Rick Huckstep, in his article, reminds us how cyber cannot be viewed and treated by (re)insurers like other more
traditional lines of insurance. | | This month we examine an emerging mutual insurance model that merges the ubiquitous Chinese social media and messaging app WeChat, which is developed by Tencent, with a group buying ethos. We also examine a hardware/software initiative from
Allianz China and speak to Hui Zhang from Answern Online about the state of digital insurance in China and the emergence of renewed mutual health insurance. | | Traditional insurers face a growing array of digital competitors armed with new tools capable of delivering more agile, customer‑focused solutions. This report from KPMG outlines how incumbents can get on a path to co-opting these tools to build winning digital strategies themselves.. |
Like a toddler learning to take its first steps, real blockchain use cases are finally starting to emerge.This month’s InsurTech Insights is focused on blockchain, and potential applications of the underlying technology for our industry. Which is great news for me, as a self-declared fan. I’m convinced we are seeing the emergence of a break-through technology that is going to transform our personal and professional lives
forever. | | This month we examine an often overlooked segment of digital insurance; marine. Despite exhibiting relatively little startup activity, the auditable risk profiles and location based nature of marine
insurance lends itself to emerging technologies such as blockchain and AI. | | This comprehensive quarterly report from Willis Towers Watson and CB Insights summarizes the InsurTech investment environment for the first quarter of 2018. This issue also provides insightful reviews and profiles on InsurTech capital providers—including traditional VCs, incumbent insurance funds, and hybrid
solutions. |
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