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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Boston-based Energetic Insurance , the MGU serving the renewable energy industry, announced a $2.5m funding round, led by Congruent Ventures with participation from Clocktower Technology Ventures and Powerhouse Ventures.
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| Amazon’s Alexa voice-activated virtual assistant technology is now HIPAA-eligible, enabling healthcare organizations to build applications with the technology.
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Sign up for KPMG sponsored webinar on 'AI Powered Insurer' on 30th April 2019. Register for free
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Under a bancassurance partnership, AIA and Citi Malaysia have collaborated to launch an end-to-end digital channel that allows Citi customers to purchase AIA's suite of insurance products and solutions online.
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Mitsui Sumitomo, a subsidiary of MS&AD Insurance Group, has established digital hubs in Tokyo and Singapore. The creation of Global Digital Hubs (GDH) is part of the company’s global digitalisation efforts.
LIFE INSURANCE INTERNATIONAL
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Broker Marsh and insurtech Cyber Indemnity Solutions (CIS) have teamed up to provide data security solutions. The collaboration involves offering the insurtech’s CyberProtect 360 security product with the Marsh-endorsed CFC Insurance Product.
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Read more in-depth content from The Digital Insurer
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This month’s InsurTech Insights looks at the subject of tax and compliance from different perspectives, but with the same outcome; extracting value from the effort and burden of keeping honest. In KPMG’s article, which is built around the theme of Tax Reimagined and KPMG’s 2018 Tax Officer Outlook
findings.
| | This month we examine the efforts underway to modernise China's life insurance agents. WeChat is again playing a defining role and Beijing-based Bihubao has developed a range of O2O tools that optimise agent recruitment, training and ongoing development. Check our in-depth infographic
here.
| | Information is power, or so they say. Data is the best kind of information, as it provides context. This report from Raconteur focuses provides an introduction for the C-suite executive an insight into the revolution at the door of the insurance industry.
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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. We also interview Puying Tech
CEO Ran Guo, who is localising claims processing software for China.
| | There are five key trends in the UK insurance market according to this Oliver Wyman paper, which it says separates the signal from the noise.
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