Digital revolution >> Insurtech in the new normal ?? COP26 underlines insurance industry's role in tackling climate change-and-more
A new perspective on an old-established industry. Find latest report, news and information about startups and innovations in the insurance industry, with a focus on best #insurtech initiatives and venture capital investments.
Almost 200 countries have agreed to the Glasgow Climate Pact at this year’s COP26 climate summit – and, of course, the insurance industry is one of the industries committed to addressing climate change. COP26 allowed insurers to showcase their expertise in weather and climate modelling and risk management to help those most at risk from climate change build resilience.
Must-read insurtech stories
The past 18 months has transformed industries globally - and insurtech is no exception. Look at the new trends predicted for 2022. With digital transformation almost old news, it hardly comes as a surprise that one of the most technology-reliant sectors on the planet - namely insurtech, has had its fair share of COVID-19 road bumps.?
truMobile eases the broker workload, improves customer accessibility Trufla Technology is a Canadian InsurTech built by brokers for brokers, a fact that justifies their biggest goal — empowering brokers.
Tiffani Bova in “Growth IQ” sites Lemonade as a company using unconventional strategies. Buying Metromile for $500M is one such strategy. But why are these two companies merging? “It would take us years to build this kind of data,” Schreiber said. “We’re injecting all the Metromile mojo into Lemonade Car, which will lead to a product offering that stands alone in the market. Together we’ll have all the people and tools in place to deliver the markets most seamless and customer-centric car insurance product. That, at any rate, is the plan.”
Insurtech Reports and Studies
The old economy, as many call it, or simply “Industry” as we like to phrase it, is crucial for solving the climate crisis. The evidence supporting this claim is piling up. Stakeholders now understand that change is inevitable and are starting to explore solutions in their fields. Luckily, these solutions are increasingly easy to find - but more on that later.
Post of the week
Timo Dreger @insurtechforum Every company can become a?#FinTech?#InsurTech
领英推荐
Investment and Startup Use Cases
The funds will support the Company’s launch of its novel insurtech platform to offer fertility medical insurance coverage in the US. A-Labs Advisory & Finance Ltd. are leading the round as anchor investors and Company bankers.
Financial conglomerate Ping An Insurance Group of China is seeking to offload its 44% stake in auto services portal Autohome, that faces growing difficulties in China where automakers, in particular electric vehicle (EV) makers, increasingly rely on their own distribution networks instead of dealerships for sales.
This year, the stock market yanked the rug out from under a handful of new health insurance technology stocks. These insurtechs have been disappointing investors left and right this year because premium payments haven’t been rising fast enough to offset soaring medical expenses. Just below the surface, we can see the pandemic is responsible for rising medical expenses. Also, the companies haven’t had enough time to employ their care-coordinating technology which is supposed to reduce expenses over time. The reversion to the mean that these companies are expecting might already be underway. Here’s how patient investors could come out miles ahead by stuffing these stocks into a diversified portfolio for the long term
Insurtech Digest Back Issues
Challenges, legal issues when contracting insurtechs, Demystifying Crypto and more. Look at these and more news in our digest.
Lemonade aquires Metromile, What’s Top of Mind for Life Insurers and more. This week we have 12 resources you shouldn’t miss!
Look at best insurtech startup included in InsurTech100 2021, mega-round deals and more.?A new perspective on an old-established industry.
Get the best of insurtech in your inbox
Hey there,?hope you find this digest inspiring!?So please,?share on your social?and tell your fellow insurtech enthusiast friends to?subscribe?here.
??? Feel free?to connect?with me and keep in touch for any ideas about your startup, new venture or projects.
Have a nice day!
Expansion Manager driving business growth across Africa through Tech Sales | Strategic Partnerships | Portfolio Management | Insurance Policy Development
2 年Thank you Alberto Garuccio; always a pleasure to go through this resources. Always insightful!
Product Owner | Consultant- Insurance
2 年Thanks Alberto Garuccio for curating these insightful articles.
Thanks Alberto; insightful mix of content as usual and all in one place. Keep up the good work. Mike
Global Marketing and Ops - Startup Program @ OVHcloud | Startup Program Manager | Startup | Data Sovereignty |
2 年Great newsletter Alberto Garuccio thanks for putting it together. Very interesting