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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This year, insurtech has experienced a decline in investments in startups and finally reached an inflection point. According to Deloitte, rather than channeling money across a large number of startups, backers have started investing more capital into established companies, often in late-stage and follow-on rounds.
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| Dai-ichi Life will start providing co-working spaces for startups at its real estate properties which will be managed by Fabbit, a Japanese incubator and co-working space operator.
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Sign up for KPMG sponsored webinar on 'Insurtech 2019 Trends and Predictions' on 30th January 2019. Register for
free
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Financial technology firm Certua has announced the launch of its Enterprise Insurance platform, which will allow companies to access its full service platform via API. Certua’s offering allows companies to get new insurance products to market quicker.
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MetLife is the launch client for Captricity's CaseCorrect platform, which automates policy processing to detect missing or inaccurate information. Over the course of three months, Captricity worked with MetLife on a pilot version of the software.
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Google’s self-driving car spinoff is finally ready to try to profit from its nearly decade-old technology. Waymo is introducing a small-scale ride-hailing service in the Phoenix area that will include a human behind the wheel in case the robotic vehicles malfunction.
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This month we are featuring the ‘Connected Enterprise’, a topic that’s really all about customer focus in the extreme. In Tom Robert’s KPMG article, he outlines the steps insurers can take to become Connected Enterprises, while Rick homes in on Trov, Lemonade, and ZhongAn, as
tangible examples of Connected Insurance Enterprises.There are examples of insurers that have already become Connected Enterprises.
| | This month we consider the digital insurance activites currenlty underway at Baidu. As China’s biggest search engine, Baidu has amassed more than 500 million active users across search, maps, O2O services, and autonomous driving.Although Baidu’s involvement in digital insurance has been more selective than
Alibaba or Tencent, its focus on Autonomous Driving could see it disrupt a market that represents 70% of non-life premium.
| | This is the second of two insurance focused papers concentrates on the innovation that is already taking place in India.It acknowledges the growing population increases – 1.35 billion by 2020 –the opportunity, but insurance penetration is still only around 4%, though expected to grow to US$280 billion by the end of 2020...
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This month’s InsurTech Insights looks at cyber security and its implications for the insurance industry. With the pace of change in our world, individuals and companies are increasingly demanding to be more connected, is the insurance industry able and prepared to meet the future demand?
| | This month we have the first in our three-part series on China’s BAT – the tech giants Baidu, Alibaba, Tencent, and consider the digital insurance activities currently underway at Alibaba. As China’s biggest eCommerce destination, Alibaba has amassed more than 500 million active users across ecommerce,
mobile payments and O2O services.
| | This is the first of two pieces of research we’re featuring this month on the state of the insurance industry in India.They each might be described as examples of glass half full/empty and this one for the Pahle India Foundation focuses on the latter.
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