Weekly Newsletter 10th July: Has anything really changed for underwriters?
Almost a decade into the emergence of insurtech, has anything really changed for underwriters? Who is winning the war of innovation - the US or the UK?
Having hosted two events in New York this year, we’ve rubbed shoulders with those leading the insurance success stories across the pond. We’ve spoken to those at the sharp end of driving change in US insurers including Liberty, Zurich North America, Allianz Commercial, Tokio Marine HCC, Arch Capital and Swiss Re.
Find out what we learnt from our personal experiences from speaking to those at the forefront of innovation in insurance.
The latest from InsTech:
PODCAST: Bringing two brains together: combining underwriting with tech - Episode 310
Robin speaks to Azur Technology's Charlie and Crux Underwriting's Graham about entrepreneurship in the MGA world and how technology can slot itself into an underwriting business.
VIDEO: The new data-first market for brokers and carriers – from digital placement to Smart Follow
Our joint programme in collaboration with Artificial and Placing Platform Limited (PPL) explored how the market is beginning to adopt a data-led digitally enabled marketplace. Rewatch the panels from our biggest event in London yet.
VIDEO: 2024: An Insurance Odyssey – the voyage from evolution to revolution
Missed out on the event or want a refresh? Watch the panels on demand from our second half-day event in New York.
ARTICLE: 2024: the top 5 insurance themes in sustainability and climate
Through our conversations with insurers and brokers, we’ve collated the five key areas that are on the insurance priority list for the rest of the year.
Upcoming events at InsTech:
EVENING EVENT: Climate and property blind spots revealed: making the right decision at the right time, 23 July, 4:00 pm BST
With EigenRisk and Reask, we are bringing together the providers of data and analytics for understanding of risk in climate, catastrophe and man-made perils.
领英推荐
EVENING EVENT: Beyond Theory: Unlocking Business Value with Complete Digital Risk Flows, 3 September, 4:30 pm BST
Supported by Cytora and Google Cloud, discover what it means to create decision-ready risks for underwriters and how claims digitisation is helping insurers.
News from the InsTech members:
Aurora launches commercial product with AXA backing
Aurora launched a Commercial Combined offering supported by AXA Insurance with limits up to ￡12.5 million. The product covers property, business interruption, employers liability and public liability.
Howden Re Japan launches
Howden has entered the Japanese market with the launch of Howden Re Japan, and released a new insurance-linked securities (ILS) partnership with Keystone ILS Capital.
Reserv win award at Insurance Awards 2024
Digital claims processing company, Reserv, was awarded for ‘Best Newcomer’ at The British Insurance Award 2024.
hyperexponential partner with Aviva Health
As part of their ongoing partnership with Aviva, hyperexponential are now working with Aviva Health UK Limited.
CME Group and Google Cloud announce private cloud region for CME Group’s Markets
CME Group and Google Cloud announced plans to build a private Google Cloud region which will host a specialised platform designed to support global trading of CME Group’s futures and options markets.
Otonomi launches 3-hour air cargo delay parametric insurance
Otonomi launched its new parametric product after identifying a gap in air cargo insurance protection against ultra-short delays.
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