Posts Tagged ‘insurtech’



July 25th, 2018

The InsurTech Landscape

Posted at 1:00 AM ET

More than 50 start-up companies offering data, analytics and technology to the insurance sector enter the market every month.  While this dynamic is welcome news for an industry that is rapidly adapting to the digital economy, it also creates the challenge of identifying the ’right’ technology that would fit each business. Continue reading…

July 23rd, 2018

Claims in the Technology Era

Posted at 1:00 AM ET

Employing technology to streamline claims may be a strategy for profitable growth for insurers as clients seek more innovation in this arena.

A significant majority of companies would change or consider changing their insurer based on the availability of innovative solutions to file claims, according to this year’s Excellence in Risk Management survey from Guy Carpenter sister company, Marsh, and RIMS. It showed that 40 percent of respondents would consider switching to other insurers and advisors that offer innovation in the claims area and another 43 percent would not rule out such a move. Continue reading…

July 18th, 2018

Guy Carpenter to Host Scientific and Engineering Expo to Launch New InsurTech Advisory Offering Developed with Numerati® Partners LLC

Posted at 7:00 AM ET

Guy Carpenter announced the August 9, 2018 launch event for its InsurTech Alliance – a cost effective, state of the art and insurer-focused suite of capabilities to help carriers evaluate new innovations in the areas of data, analytics and digital technology-based products and solutions.

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May 15th, 2018

Technology Opens the Door to Growth

Posted at 1:00 AM ET

Why must risk executives know about AI, Internet of Things, blockchain, and other technologies? The answer is often sitting in plain sight, from wearable technology that informs workplace risk to IoT connections that provide rich sources of data to insurtech solutions for insurance and risk finance. The promise for risk professionals who use these technologies is to proactively contribute to their organizations’ growth and performance.

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November 27th, 2017

Study Identifies Winners in Growing Insurtech Space

Posted at 1:00 AM ET

A 2017 report from consulting firm Oliver Wyman and insurtech investor Policen Direkt analyzes insurtech business models worldwide and pinpoints winners and losers.

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November 14th, 2017

Just Say “Know” to Insurtech; Part II

Posted at 1:22 AM ET

claude-yoder-cropClaude Yoder, Global Chief Innovation and Product Development Officer

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Continuing the discussion of insurtech’s surging impact on the insurance industry.  Part II focuses on what carriers should be doing and compelling trends for growth.

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November 13th, 2017

Just Say “Know” to Insurtech; Part I

Posted at 1:00 AM ET

claude-yoder-cropClaude Yoder, Global Chief Innovation and Product Development Officer

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Insurtech’s impact on the insurance industry is surging, reminding us of the influence that technological change and growth bring to the modern consumer and business landscapes and individual industries  -  the development of fintech within financial services being an example.

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November 7th, 2017

Insurers Challenged by Forces of Technology Disruption

Posted at 4:00 AM ET

Here we review recent GC Capital Ideas posts on the need for the insurance industry to come to terms with the forces of technological disruption challenging their business models.

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October 15th, 2017

Just Say “Know” to Insurtech - GC@PCI Commentary

Posted at 1:30 PM ET

claude-yoder-cropClaude Yoder, Global Chief Innovation and Product Development Officer

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  • As insurtech offerings proliferate, to gain the advantages promised, companies need to know the opportunities afforded; know their own strengths and capabilities for engagement; and know their clients’ needs and expectations
  • Insurtech is the evolutionary next step for insurance through the combination of data, analytics and technology in new and innovative ways
  • Capturing information in real time through sensors or mobile devices is the newest process for the collection of data for analytics

Continue reading…