InsurTech

Being Smart About Your Smart Contract — Follow Up to “Being Secure About Your Security Token Offering”

Work With, Not Against, Your Regulators! Timing is everything! And now is the time that the digital asset and cryptocurrency space work with Global Regulators in order to widely adopt this emerging technology and ecosystem. These Regulators have issued a number of new statements, cautions, and taken actions, since we published our article on October 2nd, 2019, entitled “Being Secure About Your…

Infinity Life Tech: The First Insurtech Focused on Emotional Well-Being in Latin America

Former audit company manager creates the first InsurTech focused onconsumers’ emotional well-being. Fernando Laurito Giuliano, former executive of major consulting and auditing companies, created Infinity Life Tech, a technology innovation firm applied to the insured sector. Today, next to launch its first mobile application, the company seeks to attract new consumers to this segment with products and services that provide emotional well-being.…

From Ireland to Las Vegas

From Ireland to Las Vegas One of the new start-up company’s attending this year’s InsureTech Connect exhibition in the MGM Grand from the 23rd to the 25th September has made the 3000-mile round trip to connect with Insurers from the U.S., and from around the globe to introduce their innovative technology to the marketplace. KudosHealth from the west coast of Ireland is…

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…

Health Insurance – The Digital Revolution & Touch for Claims

“Yin” and “Yang”: You may be familiar with the terms “Yin” and “Yang”, based in Taoism. Yin and Yang is the concept of how opposing forces interrelate and may be complementary. In his book, “12 Rules for Life”, author Jordan Peterson compares Yin and Yang to the opposing forces of chaos and order in human life. He explains that order keeps us…

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…