Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.
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Today’s top selected digital insurance content
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Berkshire Hathaway Travel Protection (BHTP) has unveiled a new travel insurance product targeted at cruise travellers. The enhanced AirCare offering covers delays in late night, flight departure, tarmac and baggage; flight diversions and cancellations; missed connections; and lost baggage.
LIFE INSURANCE INTERNATIONAL
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| ACORD has partnered with L&T Infotech to develop digital standards for insurers. The goal of the new standards and reference architectures is to enable more microservices-powered communication protocols.
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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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Airdoc, a Beijing, China-based AI medical solution company, raised its B+ round of funding. The round was led by Ping An Global Voyager Fund, the $1Bn global corporate venture capital fund of Ping An Insurance (Group) Company of China, Ltd.
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The cancer insurance provider combines coverage, annual examinations and treatment – starting at €15 a month. A user will need to complete this form and Turbota.club will arrange for a physical once the waiting period ends.
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Pindrop, an Atlanta-based provider of voice security and authentication, announced this week at CES 2019 that it had launched its Voice Identity Platform to extend its existing enterprise-grade technology beyond the call center and into the Internet of Things (IoT).
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Have we missed some news? Please send us the link to our newsdesk and our team will review and publish if it is within our editorial guidelines.
Read more in-depth content from The Digital Insurer
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InsurTech Insight looks at the role of the Digital Actuary, with a provocative intro from Hugh Terry, analysis from KPMG on the developing role, and insight from Rick Huckstep, who interviews three digital insurance leaders seeking new actuarial opportunity.
| | In the final edition of this three-part series on China's tech giants we consider the digital insurance activities currently underway at Tencent with an in-depth article and slide deck alongside further video analysis from Swiss Re's Yannick Even and the TDI team.
| | To excel in the digital-centric age, insurers must deliver better customer experiences that are simple, efficient, and obstacle-free, says this report from the enterprise software provider, SAP. Insurers must understand how to streamline customer-facing processes.
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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 report from Oxbow Partners focuses on the Lloyd’s and London markets, which it considers initially viewed insurtech with interest, but little understanding of the potential for change. They may believe their corporate and speciality markets are isolated from the surge of insurtech because they are
specialist, but this would fly in the face of all the evidence.
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