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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Global professional services firm Aon and American artificial intelligence (AI) start-up Zesty.ai have formed a strategic alliance to improve its underwriting data insights.
LIFE INSURANCE INTERNATIONAL
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| Full-stack insurance tech startups are shaking up the insurance landscape. Take a look at some quick 2018 enrollment and premium stats from four big-name, full-stack insurtech startups.
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Sign up for ITR Connect sponsored Chaingang webinar on 'Blockchain & Insurance: The end, or just the beginning?' on 28th March 2019. Register for free
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Last year, Travelers subsidiary Simply Business started working with Hiscox. Now, according to its site, it picked up CNA as a partner. The small business insurance aggregator advanced from an online form to an online quote and purchase flow.
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Sixty-three InsurTech deals with a total value of $1.59bn were announced globally in the fourth quarter of last year - the highest ever since the second quarter of 2015, according to the latest findings by Willis Towers Watson.
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When it comes to knowing customers, one size does not fit all. Generational differences exist and we must track and understand these trends and differences. In insurance this is especially true because generational behaviors are having a tremendous impact upon insurer business models.
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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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This month's edition of InsurTech Insights aims to make sense of the data issues faced by the insurance industry and its regulators. Insurers are already using tech-based non-traditional sources of data, such as telematics and wearables to improve their risk ratings on customers. So why not also tap
into the explosion of personalised data on social media?
| | This month we consider the efforts underway to evolve the product development and distribution of life insurance in China, which has long been characterised by commodity product lines and legacy distribution channels, but is now being challenged by InsurTech innovations.
| | Predictions for the key trends in the coming year are thought on the ground at the moment. This one from Analytics India Magazine & AnalytixLabs identifies 10 key trends as to how AI and data will transform the Indian market over the coming year.
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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. The report is designed to engage, provide a point of view
and hopefully spark reactions and ideas as you think through your strategies in the year ahead.
| | 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 insurancseveral notable regulatory actions and a more cautious VC approach have
signaled that the honeymoon is over.
| | Travelers public policy division The Travelers Institute has released a white paper called Insuring Autonomy: How auto insurance can adapt to changing risks, that outlines the framework for autonomous vehicle insurance covering both personal and commercial. The context is on resolving claims and providing
fair compensation to accident victims.
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