Exclusive: 5 principles of creative disruption, ActiveQuote, in The Insurtech Magazine
Aug19

Exclusive: 5 principles of creative disruption, ActiveQuote, in The Insurtech Magazine

As the pandemic forces insurers to reassess processes and  technology, we ask insurtech pioneer Dr Richard Theo, founder of the first health insurance PCW, ActiveQuote, and Rod Jones, its Head of Partnerships & Marketing, for their prescription for success When was the last time you compared health insurance products with pamphlets? Can you even remember spreading out those glossy leaflets, trying to decipher the different...

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Exclusive: When the wave is high… just ride it – Fintech Global in The Insurtech Magazine
Aug18

Exclusive: When the wave is high… just ride it – Fintech Global in The Insurtech Magazine

Insurers need to innovate their way out of this crisis, writes Fintech Global, and startups are ready to meet the challenge. Pausing projects now won’t help anyone While the coronavirus is a huge challenge for all businesses, it could also prove to be an opportunity for insurtech startups. The insurance industry has famously been very slow to embrace new technologies. However, the coronavirus crisis is forcing them to take a long,...

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Exclusive: A catalyst for change – Brian Heale, Aptitude Software and Eduardo D’Alma, Q_PERIOR in The Insurtech Magazine
Aug18

Exclusive: A catalyst for change – Brian Heale, Aptitude Software and Eduardo D’Alma, Q_PERIOR in The Insurtech Magazine

Implemented correctly, the new IFRS accounting standard for reporting of insurance contracts could have a transformational impact on businesses’ digital and cultural frameworks. Brian Heale of Aptitude Software and Eduardo D’Alma of Q_PERIOR discuss their options.  Insurers would be wise to treat the implementation of new global accounting standards for insurance contracts as more than just a tactical compliance project. They can use...

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Exclusive: KYC-starting transformation, Trulioo, in The Insurtech Magazine
Aug14

Exclusive: KYC-starting transformation, Trulioo, in The Insurtech Magazine

Deciding where to target insurtech investment is a difficult task. Identity verification provider Trulioo suggests you start with the fundamentals Insurance is a giant among industries; in the US alone, insurance premiums totalled $1.2trillion in 2017 and the industry had more than $5.7trillion in assets. The quest for technology to deliver up innovative solutions and lower costs is attracting new entrants and forcing incumbents to...

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Exclusive: IFRS 17: The super model, Hannah Duncan, in The Insurtech Magazine
Aug14

Exclusive: IFRS 17: The super model, Hannah Duncan, in The Insurtech Magazine

Streamlined and powerful, the long-awaited International Financial Reporting Standards (IFRS) 17 will have a major impact on insurers’ back-end processes and how they  report to stakeholders. Hannah Duncan looks at how and why IFRS 17 came about, what it’s here to achieve and, most importantly, what it unlocks for insurtech. International Financial Reporting Standards (IFRS) 17 isn’t any ordinary accounting benchmark, it’s a super...

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Exclusive: Learning from the super apps, Fred Pi, in The Insurtech Magazine
Aug13

Exclusive: Learning from the super apps, Fred Pi, in The Insurtech Magazine

Fred Pi in Hong Kong on post-COVID lessons for insurers in the APAC region For years, insurers grabbed opportunities to benefit from healthy economies and a rising middle class in the Asia-Pacific (APAC) region. But now that growth (pandemic aside) is slowing, how should they move forward? COVID-19 has had a significant impact on business, particularly the suspension of face-to-face meetings and restrictions on crossborder travel....

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Exclusive: Diversifying now to insure tomorrow – Pascal Payot, Nucoro in The Insurtech Magazine
Aug13

Exclusive: Diversifying now to insure tomorrow – Pascal Payot, Nucoro in The Insurtech Magazine

Swiss Risk & Care saw an opportunity to use wealthtech Nucoro to position the insurance  and pensions broker for a digitally engaged future.  Facing an ever-increasing threat from insurtech challengers, bigger insurers need to find ways to diversify and add value for their clients in order to stay ahead of the game. And one of the best ways of doing that is by extending their product range without disrupting their core business...

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Exclusive: Quenching Demand – Tim Hardcastle, INSTANDA in The Insurtech Magazine
Aug13

Exclusive: Quenching Demand – Tim Hardcastle, INSTANDA in The Insurtech Magazine

As a former CIO, Tim Hardcastle understands all the arguments as to why legacy systems can’t be changed. But as CEO of no-code insurance platform INSTANDA, he also knows those excuses are wearing thin INSTANDA’s co-founder and CEO Tim Hardcastle has a straightforward approach to transformation: he believes every insurer in the world can operate and behave like a Lemonade – the well-regarded startup that offers insurance driven by...

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Exclusive: The good, the bad and the ugly – Andreas Burner, SmartStream in The Insurtech Magazine
Aug11

Exclusive: The good, the bad and the ugly – Andreas Burner, SmartStream in The Insurtech Magazine

SmartStream’s Chief Innovation Officer Andreas Burner oversees the company’s research into AI that can identify bad and missing data for reconciliation purposes. In insurance, dirty data isn’t just a financial burden but, increasingly, an ethical one In June, the US-based Center for Economic Justice singled out the insurance sector as being particularly unimaginative and slow-moving in its approach to data bias. “In an era of big data...

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Exclusive: Getting CX Purrfect – Charlotte Halkett, Bought By Many in The Insurtech Magazine
Aug11

Exclusive: Getting CX Purrfect – Charlotte Halkett, Bought By Many in The Insurtech Magazine

The biggest insurtech fundraise so far in the UK was secured by a pet insurer in the middle of a pandemic. So what has Bought By Many got that other’s haven’t? We asked its Chief Commercial Officer Charlotte Halkett. Back in 1890, a Swedish gentleman by the name of Claes Virgin had the idea of insuring horses and other animals that ploughed the country’s fields and pulled its carriages. An instant hit, his policies were based on the...

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Exclusive: RU there? – Brendan Moore, Zipwhip in The Insurtech Magazine
Aug10

Exclusive: RU there? – Brendan Moore, Zipwhip in The Insurtech Magazine

Texting has been around ever since we learned to use our ‘phone thumb’. Now  that it’s about to make a giant leap in sophistication, it’s time insurers got the message, says Zipwhip’s Vice President of Enterprise Sales Brendan Moore Increasing the number of touch points and frequency of interactions with customers is becoming a key means of differentiation for insurance companies, as well as a way of reducing risk and improving the...

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EXCLUSIVE: How to stay top dog in insurance – Mike Fulton, Nationwide in “The Insurtech Magazine”
Aug10

EXCLUSIVE: How to stay top dog in insurance – Mike Fulton, Nationwide in “The Insurtech Magazine”

Fortune 100 company Nationwide keeps its #1 position in the US pet insurance market through continuous investment in emerging technologies and insurtech startups, as Vice President Mike Fulton explains. America’s Nationwide has a long and noble pedigree as an insurance and financial services provider. A mutual, set up in 1925 to protect Ohio farmers, it’s morphed into a Fortune 100 company through expansion and acquisitions,...

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The Insurtech Magazine Issue 04
Jul21

The Insurtech Magazine Issue 04

In this of The Insurtech Magazine, with more people spending time at home, there has been a nice big increase in pet ownership… and the demand for pet insurance. We speak with Charlotte Halkett from Bought By Many and Michael Fulton from Nationwide Insurance about innovation within this space. IFRS17: The new supermodel – The long-awaited International Financial Reporting Standards will make reporting streamlined and...

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Exclusive: ‘Inside stories’
Apr24

Exclusive: ‘Inside stories’

Alasdair Paterson sneaks between the covers of Chris Skinner’s upcoming, intimate look at five banks’ experience of Doing Digital. Right off the bat, I have to say I am a huge fan of Chris Skinner’s daily blog. It’s always a welcome sight at the top of my inbox. I am also terrible at reading and find myself consuming five to 10 credits per month on Audible (1.35 speed of course!). There’s an expression that crops up in his latest...

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Exclusive: ‘Run for cover’ – Ingo Weber, Digital Insurance Group in “The Insurtech Magazine”
Apr23

Exclusive: ‘Run for cover’ – Ingo Weber, Digital Insurance Group in “The Insurtech Magazine”

Given banks’ privileged insight into the lives of their customers, are they leveraging bancassurance fast enough? Ingo Weber, Co-founder and CEO of Digital Insurance Group thinks not. Years of record low interest rates and intensifying competition from the growing army of upstart challengers have forced many incumbent banks to look for other ways to bring in the cash. And one such road to revenue is to offer insurance. Bancassurance,...

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Exclusive: ‘All aboard the insurtech express’ – Nikolaus Suehr, Kasko in “The Insurtech Magazine”
Apr22

Exclusive: ‘All aboard the insurtech express’ – Nikolaus Suehr, Kasko in “The Insurtech Magazine”

An inefficient network for distributing insurance products makes for a frustrating ride for consumers. Nikolaus Suehr, CEO and Co-founder of Kasko, plots an alternative route. The transcontinental railroad linking the east and west coasts of America, the trans-Siberian railway between Moscow with Vladivostok and the more recently completed line between the eastern Chinese trading city of Yiwu and Madrid in Spain (let that one sink in...

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Exclusive: ‘Tech-friendly onboarding’ – Greg Matthews, Nicole Trawick &  Sarah Gross, KPMG in “The Insurtech Magazine”
Apr21

Exclusive: ‘Tech-friendly onboarding’ – Greg Matthews, Nicole Trawick & Sarah Gross, KPMG in “The Insurtech Magazine”

Greg Matthews, Nicole Trawick and Sarah Gross at KPMG on a guide to third party risk management and financial services partnerships. So, you met a vice president of a large financial services institution at an industry conference and convinced her that your brand new product is critical for the next phase of their project build. Awesome! Then, you pitched the product to her boss and confirmed with the bank’s technology team that your...

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Exclusive: ‘Why insurers should stop fearing technology’ – Stephanie Smith, Allianz in “The Insurtech Magazine”
Apr20

Exclusive: ‘Why insurers should stop fearing technology’ – Stephanie Smith, Allianz in “The Insurtech Magazine”

Insurtech has the potential to offer new revenue streams and to even help restore the public perception of the insurance industry, as Stephanie Smith, Chief Operating Officer at Allianz, explains to financial data experts FinTech Global. The insurance industry is no stranger to using the latest technologies, giving rise to an entire new sector dubbed insurtech. The innovators in this industry are utilising blockchain, artificial...

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Exclusive: ‘A league of their own’ – Hannah Duncan, Wales in “The Insurtech Magazine”
Apr19

Exclusive: ‘A league of their own’ – Hannah Duncan, Wales in “The Insurtech Magazine”

Wales isn’t just good at rugby, it’s an all-important Number 8 in the insurtech scrum. Hannah Duncan sing its praises. The Guinness Six Nations 2020 saw many eager fans gripped to their seats. Nowhere more so than in the famously rugby-obsessed nation of Wales. From 360-degree daffodil hats to impromptu Bread Of Heaven  performances, the Welsh take their national sport seriously.  Something else that this country has cocooned and...

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Exclusive: ‘Reverse-gear’ – Gavin Sewell, Honcho in “The Insurtech Magazine”
Apr18

Exclusive: ‘Reverse-gear’ – Gavin Sewell, Honcho in “The Insurtech Magazine”

As CEO of Honcho, Gavin Sewell is helping to steer a new insurance distribution model that could drive much-needed value into the market for both consumers and providers. Gavin Sewell, who goes (for obvious reasons) by the title of Head Honcho, knows exactly the number of consumers signed up to his new platform: 13,300, according to his daily report. Not enormous, but not bad considering it entered one of the most fiercely contested...

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Exclusive: ‘Got your back’ – Mark Bradbury, Apply Financial in “The Insurtech Magazine”
Apr17

Exclusive: ‘Got your back’ – Mark Bradbury, Apply Financial in “The Insurtech Magazine”

Apply Financial’s straight-through processing tools have helped insurers in the West save millions in back-office costs while simultaneously burnishing their reputation with customers. Now CEO and Founder Mark Bradbury is looking East. While big strides have been made in digitally revolutionising a sector notoriously slow at innovating, much of the emphasis so far has been on insurance product development and user experience....

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Exclusive: ‘Change forecast’ –  Renaud Dumora, BNP Paribas Cardif in “The Insurtech Magazine”
Apr16

Exclusive: ‘Change forecast’ – Renaud Dumora, BNP Paribas Cardif in “The Insurtech Magazine”

Amid the tectonic plate shifting going on in insurance, BNP Paribas Cardif Chief Executive Officer Renaud Dumora is remaining calm. Here’s a conundrum. As the insurance industry uses ever-more advanced versions of technologies like artificial intelligence (AI), big data, the Internet of Things (IoT) and wearables to customise policies to people, a major survey has revealed that almost 60 per cent of us want to speak to a real human...

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Exclusive: ‘Is it a bird? Is it a plane? No, it’s super agent! – William Carson, Ascensos in “The Insurtech Magazine”
Apr15

Exclusive: ‘Is it a bird? Is it a plane? No, it’s super agent! – William Carson, Ascensos in “The Insurtech Magazine”

In our world of tech-enabled customer experience, a new hero is emerging, says William Carson, Director of Market Engagement at outsourcing specialist CX BPO Ascensos  Like much of our growing subscription economy, insurance for most needs is reflected in our bank accounts as a range of monthly direct debits of barely noticeable amounts.  Regular email communication provides comfort and reassurance that all that we hold dear is...

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Exclusive: ‘The Insuretech Effect’ – Zac Cohen, Trulioo in “The Insurtech Magazine”
Mar27

Exclusive: ‘The Insuretech Effect’ – Zac Cohen, Trulioo in “The Insurtech Magazine”

Zac Cohen, COO of identity verification provider Trulioo, looks at what digitisation means for insurance The term digitisation isn’t just a synonym for digital transformation; it has a very specific meaning. Digitisation describes any process or action that, having previously been undertaken without the help of computers, has now been taken over by technology. Essentially, any analogue process that is now done by computers has been...

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Exclusive: Q&A with David Williams, AXA in “The Insurtech Magazine”
Mar27

Exclusive: Q&A with David Williams, AXA in “The Insurtech Magazine”

The insurance industry has been slow to see things through a customer lens, but now it needs to quicken the pace, says David Williams, AXA’s MD of Underwriting and Technical Services. And with the help of Axa’s insurtech partners, it is… The Insurtech Magazine: How has the customers’ experience of dealing with insurance companies changed, compared to the relationship they now enjoy with the banks? David Williams: The industry was very...

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Exclusive: “Joinedupthinking” – Rahul Singh, HCL Technologies in “The Insurtech Magazine”
Mar25

Exclusive: “Joinedupthinking” – Rahul Singh, HCL Technologies in “The Insurtech Magazine”

Rahul Singh, President and Global Head of Financial Services, HCL Technologies, on how modern insurers create a connected enterprise for a digital world “What’s dangerous is not to evolve, not to invent, not to improve the customer experience” – Jeff Bezos, Founder of Amazon. In the hubbub surrounding his wealth, the Amazon empire and other ventures, we seem to forget that Jeff Bezos also changed the way we do business. He redefined...

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Exclusive: ‘Meeting Fire with Fire (and an open API)’ – Esben Toftdahl Nielsen, Penni.io in “The Insurtech Magazine”
Mar25

Exclusive: ‘Meeting Fire with Fire (and an open API)’ – Esben Toftdahl Nielsen, Penni.io in “The Insurtech Magazine”

Esben Toftdahl Nielsen, Co-founder of Penni.io and an advisor to the Open Insurance Initiative, on the best defence against the aggregators Recent years have seen an increase in online sales of insurance, largely as a result of customer demand and the inexorable rise of the aggregators to meet it. That said, you don’t see the same picture across the whole of Europe, nor, indeed, across all verticals. While McKinsey estimated that by...

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Exclusive: FF & Alissa Knight in “The Insurtech Magazine”
Mar25

Exclusive: FF & Alissa Knight in “The Insurtech Magazine”

Alissa Knight’s new book is a how-to guide for hacking autonomous cars. Why? Because everyone should know where the weak spots are… including insurers Successfully navigating the UK’s main north/south highway any day of the week is stressful enough. So it was probably just as well no one knew they were sharing their lane with two driverless cars at the start of this year. Part of the government-backed HumanDrive project to accelerate...

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The Insurtech Magazine Issue 03
Mar10

The Insurtech Magazine Issue 03

Our latest edition of Insurtech Magazine is now live! In what can only be described as the best magazine in the world, of Insurtech, we uncover some of the biggest challenges facing IOT… Cyber issues with connected cars! We’ve got incredible features from the biggest speakers in insurance: Alissa Knight chats to us about what OEM’s need to focus on Rahul Singh from HCL on a connected enterprise for a digital world...

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The Insurtech Magazine Issue 02
Sep18

The Insurtech Magazine Issue 02

Our latest edition of Insurtech Magazine is now live! Make sure you pick up a copy at Insuretech Connect in vegas next week! In what can only be described as the best magazine in the world, of Insurtech, we uncover what it’s like to be an insurtechaholic, how insurance is fueling the gig lending economy in Latin America and why large insurers are far better than the banks at keeping their market share from the tech companies....

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The Insurtech Magazine Issue 01
Mar04

The Insurtech Magazine Issue 01

Our first edition of the Insurtech magazine is now live! We’ve got incredible features from the biggest speakers in insurance: David Germain, Group CIO, RSA – Is the man responsible for making sure the sun never sets on one of the UK’s oldest insurers Gareth Howell, Managing Director, AXA – ‘Focus and transform’ as AXA positions itself at the intersection of consumer experience and tech Jacques...

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