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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Insurtech Cytora, a start-up based in London, has received £25m ($32.6m) in a funding round. The funding round was lead by EQT Ventures.
LIFE INSURANCE INTERNATIONAL
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| Meet Glow Insurance Services , the company that’s “working toward holistic coverage for work, life and everything in between”. It’s working toward integrating workers’ compensation and health insurance to protect employees.
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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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Unqork, a New York-based enterprise software company pitching what it characterizes as a no-code platform for insurance and financial services organizations, has announced that it has secured $22 million in a Series A investment round led by Goldman Sachs Principal Strategic Investments.
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Singapore-based InsurTech PolicyPal has introduced a new employee benefits digital portal which offers direct group insurance online and has targeted over 1,500 employees in small and medium Enterprises (SMEs) and startups.
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Insurers are in the throes of digital transformation. But there are big differences within the industry based on product line, distribution model, and executive commitment to digital business transformation.
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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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