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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Canadian insurer Onlia, a JV by Achmea and Fairfax Financial, is now live with its auto insurance offering. In addition to coverage, Onlia offers Onlia Sense, a safe driving app designed to facilitate safe behavioral change and reward good drivers.
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| Sompo International, a Bermudian specialty re/insurer, has created a dedicated US team focused on cyber offerings to expand its cyber insurance capabilities in the country.
LIFE INSURANCE INTERNATIONAL
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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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Denim, a Des Moines, Iowa-based mobile marketing platform for financial services, has announced that it has been selected to partner with Startupbootcamp Colab InsurTech London (SBC Colab). As an innovation program, SBC Colab identifies insurers’ priorities and gaps.
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Alera Group has acquired Bailey & Company, an employee benefits firm headquartered in Cincinnati, Ohio.Bailey & Company specializes in a wide variety of employee benefit programs.
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U.S-based Insurtech startup CoverWallet, an online platform founded in 2015 that simplifies the purchase and management of insurance for businesses, has announced the launch of a dedicated platform for insurance agents.
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Read more in-depth content from The Digital Insurer
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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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