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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Vienna Insurance Group (VIG) has launched its first internal corporate startup, the “viesure innovation center” (viesure). Managed by VIG’s Wiener Städtische Versicherung, the new company – based at coworking space “Talent Garden Vienna” – will focus on emerging trends in customer service.
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| Vertafore (Denver), a provider of distribution-related insurance technology, has announced a new partner program, which the vendor says provides open access and integration opportunities with Vertafore APIs for customers and partners.
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Sign up for KPMG sponsored webinar on 'The Digital Actuary – preparing for the future … Now!' on 27th February 2019. Register for free
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In late 2018, AF Group, the parent of worker’s compensation and commercial lines insurer Accident Fund, brought on Abel Travis as VP of underwriting and product development. Travis came from The Hanover, where he was a leader in implementing digital initiatives for the company.
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Chubb today announced the launch of a new Media Industry Practice for the UK and Ireland. This latest addition to Chubb's existing suite of Industry Practices is aimed at Middle Market and multinational businesses, bringing together Chubb's specialist capabilities in underwriting, claims management.
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The growth of insurtech is clear even with the growth of its startups: Bright Health is among the recent mega venture capital investments, raising 200 million dollars to support its development. It is one of the most financed insurtech ever.
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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.
| | Martha Notaras, a partner at venture capital firm XL Innovate, has drawn up her top 10 innovations she expects to pass in insurtech in the coming year. Insurtech has seen huge levels of investment, but there are two distinct markets developing.
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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 EY paper looks at the importance of the Asian market on the growth – and transformation – of the global insurance market. Rapidly expanding populations across the region, combined with rising incomes have offered opportunities to insurers. Innovation is key to the
development.
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