Insurtech Insights

Join our exclusive Autumn Webinar Series with just one simple registration! This streamlined process gives you access to a range of insightful sessions, covering everything from cutting-edge AI innovations to transformative customer experience strategies. No need to sign up for each webinar individually—one registration unlocks it all! Follow this link to the registration site: https://lnkd.in/dBpEdqHy Register once and join us for: The Human Touch in the Digital Age: How UX Makes Insurance Personal October 3, 2024 | 4pm BST | 11am EDT Beyond Human Limits: AI's Disruptive Role in Life & Health October 10, 2024 | 4pm BST | 11am EDT Unlocking Growth: The Power of a Forward-Thinking Culture October 17, 2024 | 4pm BST | 11am EDT From Intuition to Intelligence: AI Revolutionizes Insurance with Bionic Underwriting October 31, 2024 | 3pm GMT | 11 am EDT Take advantage of this seamless experience and stay ahead in the insurance industry! #WebinarSeries #DigitalTransformation #Insurtechinsights #Insurtech #Insurance #Webinar #InsuranceInnovation #CustomerExperience #AI #GrowthMindset #Underwriting

"The demand for skills, such as data analytics, data science, AI, cloud engineers will continue to grow. But more importantly, regardless of which role you are in, we do need to have new skills." Ericson Chan, Group Chief Information and Digital Officer for Zurich Insurance, discusses the war on talent and new skills required in a fast changing insurance industry, during an interview at Insurtech Insights Europe 2024 in London earlier this year. #insurtechinsights #zurichinsurance #innovation #talent #technology

Duck Creek Technologies, a leader in intelligent solutions for property and casualty (P&C) insurance, has launched its new Duck Creek Payments Facilitator, a comprehensive payment solution tailored specifically for the insurance industry. “In today’s fast-evolving insurance landscape, carriers require more than just transactional solutions. They need a secure, agile, and future-proof approach to global payment processing,” said Jess Keeney, Chief Product and Technology Officer at Duck Creek Technologies. “As we continue to innovate and expand our offerings, our focus remains on solving the most critical challenges our insurance clients face,” said Michael Jackowski, Chief Executive Officer of Duck Creek Technologies. Read the full story here: https://lnkd.in/eg8Ubuhz #insurtechinsights #insurance #duckcreek #cloud #insurtech

Leading insurance brokerage HUB International has formed a strategic alliance with MAS Seguros, Mexico’s largest trucking insurance broker, to provide enhanced insurance and risk management services across the US, Canada, and Mexico. Lisa Paul, chief strategy officer for Hub’s transportation specialty practice, emphasised the importance of the partnership: “The shifting dynamics of Mexico’s economy, the modernisation of trade agreements, and the increasing trend of nearshoring production closer to North American markets have driven demand for expert guidance and seamless cross-border insurance, risk, and compliance solutions.” MAS Seguros managing partner and co-CEO Alejandro Renteria expressed his enthusiasm about the partnership, stating, “Partnering with Hub is a game-changer for our operations. It expands our reach beyond Mexico and offers a truly North American solution.” Read the full story here: https://lnkd.in/dcKHjbsK Join HUB International leaders at Insurtech Insights USA 2025! Jennifer (Jen) T. Martínez, MBA, FCX-1 and Bryan Davis, ChFC, CPCU are both confirmed to speak at the US event! For more information: https://lnkd.in/grN-cXn #insurtechinsights #insurance #insurtech #partnerships

Manulife has announced the adoption of Generative Artificial Intelligence (GenAI) to improve business processes and elevate customer service across Asia, with Singapore as the first market for the rollout. The initiative integrates GenAI into key operations, including customer service and agent support. Karen Leggett, Global Chief Marketing Officer, Manulife, said: “GenAI is accelerating our transformation, driving growth, and highlighting innovative opportunities to drive efficiency across our organisation." Mark Czajkowski, Chief Analytics Officer, Asia and Chief Marketing Officer, Singapore, also commented, saying: “The launch of these AI-driven tools in Singapore will significantly improve customer interactions by providing faster, more accurate, and personalized service." Read the full story here: https://lnkd.in/eZac3g6V #insurtechinsights #insurance #ai #genai #manulife

RSA has announced the launch of its latest Financial Risks product, Directors’ and Officers’ (D&O) Protection, expanding its established Professional and Financial Risks portfolio. “We are living in a challenging and uncertain time where senior management faces daily decisions that could be questioned in the future,” said Matt Houghton, Head of Financial Risks at RSA. “A D&O policy is designed to protect and support these individuals, and with the launch of this product, we can now cover those responsible for managing the largest companies.” Read the full story here: https://lnkd.in/dKeDz9eN #insurtechinsights #insurance #insurtech #productlaunch

The open carbon protocol (OCP) has announced a strategic partnership with Kita, a leading provider of insurance and risk management solutions for the carbon market. Natalia Dorfman from Kita added, “Our partnership with OCP highlights the commitment of both organisations to improving integrity and confidence across carbon markets.” “Our collaboration with Kita represents a significant leap forward in creating a more robust, transparent, and efficient voluntary carbon market,” said Thomas Annicq from oneshot.earth. “By combining oneshot.earth’s innovative Open Carbon Protocol registry platform with Kita’s risk management and insurance expertise, we’re setting new standards for quality and trust in carbon credits.” Read the full story here: https://lnkd.in/dsYvgG-a #insurtechinsights #insurance #insurtech #partnerships

Fathom, a leading provider of catastrophe risk modeling solutions, has launched Global Flood Cat, a comprehensive flood catastrophe model that empowers risk managers to accurately assess financial losses from flood events. The tool considers both inland and coastal flood perils, offering a truly global perspective on a growing financial risk. Swiss Re acquired Fathom in December 2023, with the aim of gaining valuable expertise and a robust set of products, complementing its own data and risk capabilities in the field of flood perils – a major driver for constantly rising losses from natural catastrophes globally. Russell Higginbotham FCII, CEO Swiss Re Solutions said of the launch in a social media post: “This is a real moment! I’m very excited to see Fathom announcing this new venture and product launch." Read the full story here: https://lnkd.in/g2RiwWr6 #insurtechinsights #insurance #swissre #fathom #climate #natcat

Earnix, a global leader in intelligent decisioning SaaS solutions for the financial services sector, has launched Earnix Lending Plus, a comprehensive AI-powered platform that merges advanced pricing analytics with automated credit risk decisioning. Be’eri Mart, Chief Product Officer at Earnix stated “We identified a clear industry need for a unified platform that integrates both pricing and credit risk decisioning.” Earnix Lending Plus offers a unique combination of pricing optimisation, simulation capabilities, and machine learning-based credit risk scorecards, enabling lenders to make rate updates and improve credit policies swiftly, without relying on IT support. Read the full story here: https://lnkd.in/dhi8MPv7 Earnix have been confirmed as a sponsor for the Insurtech Insights Europe 2025 event! For more information on the event: https://lnkd.in/gnvvek7 #insurtechinsights #insurance #insurtech #AI #productlaunch

Unlock the potential of blending insurtech innovations with traditional insurance models with Sam Lim, Chief Information Technology Officer of Prudential Hong Kong, at Insurtech Insights Asia 2024! As the driving force behind Prudential Hong Kong's digital transformation, Sam leads the charge in leveraging technology to shape the future of insurance. With a focus on enhancing service efficiency and agility, he ensures a seamless customer experience while fostering innovation and digitalisation across the company. With over a decade of experience in corporate development and strategy, Sam has been pivotal in developing Prudential’s IT strategy and digital initiatives. His expertise in strategic program management and change management offers a fresh perspective on aligning insurtech advancements with the established insurance industry. Join Sam and 5,000+ industry professionals at Asia’s largest insurance conference on December 4-5, 2024, in Hong Kong! For more details, visit Insurtech Insights Asia here: https://lnkd.in/gzAzjGF #ITI2024 #ITIAsia2024 #InsurtechInsights #Insurance #Insurtech #DigitalTransformation #Innovation #TechnologyLeadership #ChangeManagement