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 start-up Urban Jungle, focusing on helping generation rent gain insurance, has raised £2.5m ($3.3m) in a seed funding round. The funding came from new and existing investors such as Rob Devey, ex-CEO of Prudential UK.
LIFE INSURANCE INTERNATIONAL
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| New York-based Ostraa is live; offering free term life and accidental death and dismemberment insurance for cab drivers of Long Island City-based United Taxi Management in return for them completing a certain amount of shifts.
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Sign up for KPMG sponsored webinar on 'Digital Bancassurance' on 11th June 2019. Register for free
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Building on the success of its car insurance pilot project, Liberty is now offering a comprehensive short-term insurance solution. It includes residential building, household content, personal liability as well as ‘on-the-go’ insurance cover.
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International General Insurance Holdings (IGI) is set to expand into intellectual property with a new product. The policy will provide wide protection for patents, trademarks, copyright, design rights and contractual liabilities involving intellectual property.
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Manulife has unified its global institutional, retail and retirement wealth and asset management businesses under a new brand: Manulife Investment Management.
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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 role that both state-owned and private insurers are playing in this effort. We also investigate how Ping An uses cross selling, highlight our Chinese InsurTech of the month, Hukebao, and speak to Gavin Li from Bihu Technologies about his view of China’s digital insurance
landscape.
| | 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 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.
| | 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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