InsurTech

Lloyd’s Lab – Accelerating Insurance Innovation

Start-up accelerators are, to borrow a particularly clunky piece of Silicon Valley jargon, experiencing “Hockey Stick Growth”, as their ranks swell and interest accumulates. In the past year alone, corporate titans such as Amazon, Deloitte and Fidelity have invested in a start-up accelerator that focuses on blockchain innovation, and companies such as Snap have launched their own in-house accelerator programmes. But Lloyd’s…

Want Property Insurance to Really Change? The Straight Indemnity Policy Needs to Go

The Insurance Elephant has a day job- as building consultant working with insurance carriers, sorting out vendor estimates, appraisals, unique damage cases, consulting on damage repairs, in the end addressing or confirming estimates of claim damages.  It’s great work, and the Beast figures he is contributing to customer and carrier resolutions. The realization is that property insurance (at least within the U.S.)…

Tech Sees InsurTech Naked Gain Market Share

Exciting news from local artificial intelligence (AI)-based InsurTech Naked! This innovative startup launched out of Johannesburg is leveraging AI, Machine Learning and intelligent data to help optimize and revamp the customer experience within the auto insurance space. What are they bringing to the table? Naked claim they are bringing three core principles to the table: ensure a fair and transparent insurance process for customers…

Lloyds Lab Cohort 2 – Get on Board!

Applications for the second cohort at Lloyd’s Lab are now open! Ed Gaze and his fantastic team have an amazing facility, which I was fortunate enough to visit last year. What are they looking for this time around?! Source: https://www.lloydslab.com/cohorts/cohort-2/ Powering data-driven underwriting with new insights For the Lloyd’s market, profitable underwriting depends on continually improving the tools and techniques used to…

2019 Global Insurance Accelerator Cohort Reflects Evolution of InsurTech

An absolutely outstanding lineup of new cohorts coming entering the Global Insurance Accelerator program in 2019: BriteBee enables consumers to shop for trusted insurance agents in an online marketplace. Cowbell simplifies and expedites the process of obtaining accurate cyber insurance coverage for businesses by mapping insurable threats to the type of exposures. ebbie specializes in e-application development and underwriting automation for life…