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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Indian fintech company MobiKwik has collaborated with Aegon Life Insurance to introduce a smart digital insurance product for its wallet users.
LIFE INSURANCE INTERNATIONAL
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| HSB Engineering Insurance, part of Munich Re, has launched a broker online trading platform, HSB Fast Track. The platform will initially offer four HSB products: Annual Construction, Project Construction, Contractors’ Plant and Computer insurance.
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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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The London-based company – owned by Tobacco company Philip Morris International and led by CEO Daniel Pender (ex-CEO of Gryphon Group Holdings) – will offer “highly competitive insurance premiums” underwritten by Scottish Friendly.
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By partnering with Montreal-based artificial intelligence and software firm Element AI, Canadian property and casualty insurer Gore Mutual is to adopt the Element AI Underwriting Partner software product into its underwriting practice.
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Alliance Bank Malaysia and its subsidiary Alliance Islamic Bank will offer Zurich Malaysia's general insurance and general takaful products for individuals and SMEs via an exclusive 15-year bancassurance and bancatakaful agreement with Zurich General Insurance.
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Read more in-depth content from The Digital Insurer
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For this month’s InsurTech Insights (now in its 3rd year!), KPMG’s Paul Brenchley and Kaushik Raghunandan write from the perspective of AI enabled sales and service. From improving sales performance to providing greater service closer to the customer.
| | 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 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 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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