Munich Re opens new R&D center in Shanghai | 12 ways to extend your startup runway | Will hi-tech survive in the new Israel and more...
Dikla Wagner
On Israel's top 12 Fintech influencers ??Keynote speaker / MunichRe ????, Head of Tech Scouting ????
Establishment of the center demonstrates the long-term commitment of Munich Re to China,” - Steven Chang.
Munich Re has opened the Munich Re China Innovation R&D Centre, a new research and development center in Shanghai.
The R&D center will promote the long-term growth of China's insurance and reinsurance business by bridging the supply and demand gaps that exist for emerging industry risks.
The center will enable it to expand its in-market expertise and technological skills, as well as to establish a strong network with customers in diverse sectors in China.
The Munich Re China R&D Centre will collaborate closely with Chinese insurers and industry partners.
The R&D center will have resources devoted to numerous innovative subjects and their insurance implications. Included in this category are new energy cars, batteries, renewable energy, green buildings, new agriculture, and carbon trading.
An airplane requires enough runway to gather up speed and finally fly into the air before it can take off. Startups are similar in that in order for your company to "fly," you need enough runway to create traction and velocity. When your startup runway is too short, you will lose out on the chance to "take off."
The tech?crisis demands companies expand their runway and reduce costs. In 2023, many companies may not have raised new investment rounds. As a result, insurtechs and other businesses laid off personnel. What should we do? Discover advice on how to lengthen your runway, and take into consideration that certain topics may not work in crisis time as we experience and we need to adjust it to our day-to-day existence.
Israeli high-tech has long lived in its pink bubble, but most of its large clients, money, and ambitions are in America. Israeli high-tech taxes make up a large part of the state budget, yet taxpayers are busy with product development, abroad client relations, and Wall Street shares.
Israel has a highly seasoned commercial and technology leadership of entrepreneurs and venture capitalists. Just for a few quarters, we will have to maintain vigilance. The Israeli high-tech industry could emerge from the crisis stronger and healthier.
The Israeli Ministry of Finance issued a series of regulatory suggestions regarding digital assets. The ideas ask for a new regulatory structure, licensing, and oversight of the issuing of backed digital assets, such as stablecoins. In addition, they contain a proposal to facilitate the payment of crypto-related taxes via the Bank of Israel.
In recent months, the Israeli government has begun to explore the digital asset industry.
COVID-19 epidemic, Ukraine invasion, global supply chain disruptions, growing competition, and increasing customer demand added with claims inflation - factors that the P&C industry was dealing with for years.
Claims executives can resolve short-term and long-term claims inflation with a systematic strategy that involves transparent monitoring, rapid strategies, and strategic actions. Given the scale of P&C sector difficulties. Leading organizations can speed up in times of trouble.
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It is a no-brainer that Porsche is more expensive to insure than a regular car - but insurance may vary in EVs. According to the article, Your annual premium will be affected by factors such as where you reside, how much you drive, your age, gender, and military affiliation, as well as your deductible limits, regardless of your vehicle's powertrain.
Can hyper-personalization be the solution for insurers in the life and health insurance sector to meet new consumer demands, boost sales, and foster brand loyalty?
Solutions that put the needs of the customer first were discussed, including brand image, value-based care, physical wellness, and financial wellness as services.
Inflation is “putting the squeeze on insurers” from multiple directions. The “Personal Lines Insurance Trends and Perspectives Quarterly Report” by TransUnion analyzed insurance industry trends between April 2021 and October 2022.
Inflation and fears of an impending recession are altering customers' buying habits, and the insurance industry will be inevitably impacted. Increasing loan rates, automobile costs, and insurance premiums all cast doubt on the affordability of a product or service.
Israeli high-tech has lived in its pink bubble for a long time, but America has large consumers, money, and ambitions. Israeli high-tech taxes make up a large part of the state budget, yet taxpayers are busy with product development, abroad client relations, and Wall Street shares.
Outside of the United States and China, the United Kingdom and Israel have produced the most unicorns.
Most founder-led unicorn firms are based in London and Tel Aviv. In London, 168 new firms were launched by former employees of 27 unicorns. In Tel Aviv, alumni of 27 unicorns founded 108 startups. The majority of Israeli unicorn graduates who become founders opt to remain in Tel Aviv, as do the majority of London unicorn alumni founders.
Wix tops the list of second-generation companies, followed by Playtika and Payoneer. Other Israeli unicorns, such as Waze and Mobileye, have spun out a slew of startups.
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