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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Pacific Life today announced the addition of PL Promise GUL, a new, no lapse guarantee universal life insurance (GUL) product to its PL Promise line. Designed to help address the life insurance needs of the underinsured broad market.
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| Digital insurance broker Mylo (Kansas City, Mo.) has announced that it has raised $28 million in a Series A funding round led by Guggenheim Partners (New York/Chicago).
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Digital insurer FWD Singapore has created a virtual personal assistant for its travel insurance customers. Called Faith, the chatbot is available 24/7, and has been designed to guide policyholders through the entire process in the event that they should need to claim on their travel insurance.
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Everest Insurance has expanded its life sciences product offering to include property, commercial auto, and workers’ compensation products for the life sciences segment.
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Global reinsurer Swiss Re no longer places China as an emerging market, but instead views the country as a important strategic market, according to Mr John Chen, head of Reinsurance China and China country president for Swiss Re.
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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.
| | This month we take a look back at the major developments of 2018 and select the most progressive InsurTechs that have emerged from China. Although the past year was characterized by continued optimism with regard to digital insurance.
| | 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.
| | 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. Although relatively unknown in the
western world, Tencent is China’s most influential internet company.
| | 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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