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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The Moscow-based digital insurer in the making is looking to fix many problems, specifically; customers lack of trust in insurance companies, lengthy insurance contracts, the feeling of buying air, the inability to control one’s insurance, and poor support in communication channels.
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| American insurtech underwriting start-up Flyreel has raised $3.85M in the latest investment round led by the Google AI venture fund Gradient Ventures.
LIFE INSURANCE INTERNATIONAL
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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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Southern Cross Health Society is set to launch an artificial intelligence (AI)-powered digital assistant. Said to be a world-first for a health insurer, the yet-to-be-named AI persona aims to offer Kiwis a new way to learn about health insurance and how it can add value.
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Automated cars and trucks are a reality today. These vehicles are not only driving themselves, they’re presenting insurance organizations significant risk identification and management challenges and prompting changes to partner relationships and transportation operations and emerging fleet risk best practices.
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According to insights gathered from MetLife customers in Asia, nearly 60% of them would rather live a shorter yet healthy life compared to living a longer life riddled with critical illnesses such as cancer, dementia or heart disease.
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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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