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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Another insurtech has announced seed funding with the goal of increasing life insurance sales. Breathe Life, based in Montreal, offers white-label distribution software. Its goal is to help providers and advisors reach and engage underserved markets in the life and health markets.
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| Beazley has made changes to its UK cyber insurance policies, integrating cover for cyber extortion, data recovery costs, business interruption, contingent business interruption and e-crime into the main policy rather than added as an endorsement.
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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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Synagie, “one of SEA’s leading e-commerce enablers” is making its way into insurance with the launch of Kiasu.me, a web and mobile app offering “pay-as-you-use” lifestyle insurance policies.
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Insurtech start-up Dead Happy is looking to revolutionise life insurance by introducing its pay-as-you-go, flexible product to a market lacking true innovation.
LIFE INSURANCE INTERNATIONAL
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The advancement of 5G technology would allow insurers to process health data at an unprecedented rate and perform more dynamic underwriting based on real time information from consumers.
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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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