InsurTechs are more numerous than effective. Technological gimmicks and virtue-signalling corporate philosophies capture headlines but customers, revenues and investment dollars continue to flow to a smaller class of large and better-established firms completing conventional tasks such as broking insurance or automating the back office. The InsurTech Revolution has stalled. Start-ups that dreamed of disrupting AllianzContinue reading “How to get the InsurTech revolution happening again”
A Future of Finance webinar with insurance companies, technology companies and regulators Thursday September 15 at 2pm UK time According to Willis Re, there are around 3,000 self-proclaimed InsurTechs at work in the world today. The age and size and funding and technologies of InsurTechs is so various, and the range of activities they pursueContinue reading “How to make the InsurTech Revolution actually happen (15 September 2022)”
What InsurTechs ought to like about Gibraltar Gibraltar has built a reputation as a congenial domicile for insurance companies. With a robust regulatory regime but an accessible regulator prepared to work fast, Gibraltar is now home to a third of motor insurance premiums in the United Kingdom, including those paid to household names such asContinue reading “What InsurTechs ought to like about Gibraltar”
Personal lines insurance is a byword for low levels of customer satisfaction, and none attracts less enthusiasm from buyers than motor insurance. The scope to cut prices through automation and improve customer service by moving away from form-filling and call centre queues, is correspondingly high.
Retail insurance manufacturing and distribution is being transformed by a combination of digital technology and data in digital form. Consumers can now compare prices and terms from a range of incumbent, new entrant and niche insurance providers, which are using customer data to personalize offerings, retain existing business, manage risks and adapt to changing social behaviour.
HOW TO MAKE THE INSURANCE JOURNEY MORE COMFORTABLE (5th March 2021) A FUTURE OF FINANCE WEBINAR WITH INSURANCE COMPANIES, INSURANCE PLATFORMS AND INSURTECH COMPANIES Thursday March 4th 2021, 14.00 – 15.00 UK time PART OF WALES WEEK The insurance industry often makes use of the journey as metaphor. Each of the major junctions on theContinue reading “HOW TO MAKE THE INSURANCE JOURNEY MORE COMFORTABLE (5th March 2021)”