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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Sun Life Financial has launched FullscopeRMS, a standalone organization that will partner with health plans and other insurance providers to bring new products to market.
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| Zeitgold, a Berlin, Germany-based provider of an AI powered finance solution for SMEs, raised €10m in funding. Backers included Saban Ventures, AXA, Deutsche Bank and btov 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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Hub International Ltd., the Chicago-based insurance broker, announced it has acquired the assets of Firstbrook Pointon Benefits Inc. Firstbrook Pointon Benefits is a full-service employee benefits consulting firm providing a broad spectrum of benefits programs, including health & performance, benefits plan consulting, group retirement services.
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MākuSafe (“MākuSafe” or the “Compa Des Moines-based InsurTech start-up and maker of a wearable workplace safety device and software platform, announced that it has closed a nearly $3 million seed round. Funding has come from a number of Iowa-based capital groups, including EMC Insurance Companies.
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As a segment of the larger fintech revolution, the insurtech phenomenon is truly global. But it's in the U.S. where it really shines, according to KPMG. The firm's newest "Pulse of Fintech" report, a twice-yearly look at financial services digital transformation, notes that insurtech "matured significantly as a sector" in the second half of 2018.
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Read more in-depth content from The Digital Insurer
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We kick off 2019 with our annual InsurTech predictions. This year we have tried to take it to a new level with a more formal and public collaboration with KPMG to identify the top 10 trends in InsurTech. The executive summary is available now.
| | 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.
| | Customers are increasingly demanding products they understand that fit their own specific needs. In order to achieve this, insurers are launching many more products and collaborating with competitors in order to satisfy these demands.
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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. There is an urgent need for the actuarial
profession to define a ‘near home’ initiative to support actuaries getting more involved in data insights.
| | 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.
| | 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. Fintechs will seek to widen their horizons and revenue
opportunities through new products.
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