InsTech.ie’s Post

We had an incredible time at our recent Camelot Insurtech Clinic! 🎉 Our journey through the latest in insurtech innovation continues to amaze and inspire us. Here's a quick recap of the high-energy event… 🌟 Innovative insurtechs showcased: 🍊Citrusx Michal Berdugo, VP of Business Development introduced us to CitrusX, a startup at the forefront of AI innovation within the insurance and fintech industries, creating a trusted AI platform that spans the full lifecycle of models, catering to highly regulated sectors. Some of CitrusX’s core offerings include: 👉 Transparency: Simplify AI processes for stakeholder trust 👉 Validation Tools: Ensure models meet industry standards 👉 Explainability Tools: Clear insights into AI decision-making 👉 Compliance Tools: Ensure regulatory compliance 👉 Integration: Seamless integration with insurance processes CitrusX is transforming how insurers leverage AI by enhancing model accuracy and robustness and boosting confidence in AI-driven solutions while complying with regulations. 💡 Akanksha Rais, Founder of Capitawise then followed by with an overview of Capitawise, a UK insurtech revolutionising capital management for insurance companies, focusing on optimising capital allocation and management to enhance financial health and sustainability. Some of Capitawise’s core offerings include: 👉 Capital Optimisation: Maximise capital efficiency 👉 Financial Planning: Ensure long-term sustainability 👉 Risk Management: Strengthen financial standing 👉 Regulatory Compliance: Ensure practices adhere to regulations Capitawise is enabling insurers to maintain robust financial health, making smarter capital management decisions and enhancing overall stability and revenue growth prospects. As always, we delved into the business problems faced by Citrusx and Capitawise, brainstorming innovative solutions to propel their growth. Our Camelot Experts shared their vast knowledge, helping these insurtechs refine their strategies and expand their horizons. Don’t miss out on our next session on September 25th, 2024, after our summer break. Whether you’re an industry veteran or an emerging startup, there’s always something new to learn and contribute at the Camelot Insurtech Clinic ☀️ Register here: https://lnkd.in/eKiAtDUy A huge thank you to all our participants, speakers, and the dedicated team who make this event possible. If you’re looking for more information or want to be a part of our next clinic, please reach out to Paul Dawson, Allan Wishart or Asher Gilmour 🚀 Camelot: creating connections, releasing potential #Camelot #Insurtech #Innovation #Insurance #Technology

Last day to get in your entries for PitchLIVE

🎟️ LAST CHANCE! 🎟️ Only a few days left to win a FREE TICKET to Amplify Broker TechFest 2024! Don’t miss out on the biggest insurtech event in Canada. Follow the simple steps in our original post, and you could be attending for free! 🚀 Join now – giveaway ends on September 4th! 🕒 #Amplify2024 #TechInnovation #InsurtechCanada #TicketGiveaway #InsuranceIndustry #Insurance #Insurtech

USA sprint is a wrap 🤩 Thank you Megan Kuczynski, Kristoffer Lundberg and team Insurtech Insights for the invite and congrats on a successful event! This is my first time to the NYC show and I really enjoyed it, definitely worth the painful flight! 😅 NYC fantastic trip with so many impactful conversations. I really enjoyed our awesome panel on amplifying outcomes via distribution partnerships. Global insurer, insurtech, and American insurer made it as super well rounded and fun discussion. The key takeaways were: 📣 Communication between partners is the key to build trust and avoid drift. It was repeatedly highlighted as a key ingredient. The way that it can be done is through establishing regular cadence and also making sure to meet and maintain curiosity about priorities for the partner. 🏎️ Start building - sometimes it’s best to skip the PoC that will be thrown away, and rather just build together for the first month. This will be a most realistic litmus test for cultural and priority fit. 😵 Expect ups and downs, as with any relationship, successful partnerships are not the perfect ones but rather the ones that effectively overcome challenges together. #insurtech #insurance #insurtechinsights InsurTech Asia Association

We had a productive session last week at our latest Insurtech Clinic, where we delved into some promising AI-driven technologies in the insurance sector. It was inspiring to see so much talent and innovation gathered in one virtual space! Here’s a taster of the solutions that were presented: 🧠 Amir Liberman, EmotionLogic: “Emotion Logic AI specialises in detecting genuine emotions and risk indications from voice data. Our well-proven technology accurately analyses the uncontrolled parameters of the human voice, ensuring unbiased analysis that is language-agnostic and unaffected by tonality.” 🏦 Dime Galapchev, FinqUP: “FinqUP provides an AI-based modular platform that hyper-automates front office processes for insurance, investing and retirement funds. We enable traditional financial institutions to provide personalised AI-driven customer experience and upsell products to their existing customer base with ease.” 📊Inna Tokarev Sela, illumex.ai: “We understand that unifying your organisation’s business data semantics is essential - it allows you to cut costs and become GenAI-ready, but it’s also complex. That's why we've developed a turnkey Generative Semantic Fabric that streamlines the process of data and analytics semantic mapping and definition alignment.” The clinic was an insightful opportunity to collaborate and explore the integration of AI technologies within the insurance sector, presenting innovative solutions, discussing potential applications, and exploring challenges faced by technology companies in navigating the insurance market. A special thank you to everyone who joined to flex their business muscles, share expertise, and connect with these insurtechs. Your participation is what truly transforms these opportunities into actionable insights and progress! Here's what our Insurtechs' this month had to say about the clinic: https://lnkd.in/gN7J5Edx 🗓 Mark your calendars for the next Camelot Insurtech Clinic on 29th May at 12pm. Let’s keep the momentum going and continue to support these innovators who are shaping the future of insurance. Register here: https://lnkd.in/gCz92y_f  #Camelot #insurance #innovation #insuranceinnovation #digitaltransformation #insurtech #futureinsurance #onlineevent

🚀 Big News! 🚀 I'm thrilled to kick off the RED Stage at Insurtech Insights London as the moderator of a game-changing discussion on "Leveraging Partnerships in Distribution." We're diving deep into how strategic collaborations revolutionize our approach to distribution – the lifeblood of our industry. Join me and my esteemed panelists Quentin Colmant, Qover; Dan Bratshpis, INSHUR; Domingos Bruges, Habit; Masashi Namatame, Tokio Marine HCC for this not to be missed session⚡️ 🔥 With IRYS Insurtech we’re not just talking about Distribution; we're making it the star of the show! Opening AND closing #itieu24 with Distribution in the spotlight, we're setting the stage for a seismic shift in how we think about and execute distribution strategies. 🌐 Margeaux Giles will captivate us on Day 2 with "Carriers and Agents - Stronger Alliances Through Digital Innovation" on the RED Stage. This isn't just a panel; it's a manifesto on how Distribution sits at the heart of the value chain, driving growth, innovation, and stronger partnerships in an increasingly digital world. ✨ It's time to rethink, reimagine, and redefine the Distribution game. Join us to explore cutting-edge strategies that elevate partnerships and transform the way we connect with our markets. 💥 Let’s blaze new trails together. Be part of the conversation that moves Distribution from the sidelines to the spotlight. At #ITIEU, we're not just following the future; we're creating it. #ITIEU #RedefiningDistribution #StrategicPartnerships #DigitalTransformation #IRYS #LeadTheChange

Why go to the Insurtech Insights Conference in London? We're in an era of digital transformation, and the insurance industry is no exception. It's crucial for us to engage in events that promote learning, networking, and innovation. This is why kasko2go went to London to support this year's Insurtech Insights Event. But who am I to say this alone. Here are also the voices of Oleg Korol, Jon Kirk, Ida Nurhaeni-Gohla and Michael Bachl! 1️⃣ Networking: It's a fantastic opportunity to connect and catch up with like-minded individuals and actual decision-makers in the industry. 2️⃣ Learning: Get insights about the latest trends, technology, and industry shifts. It's a fast-paced world, and staying updated is key to staying ahead. 3️⃣ Innovation: Such events help the insurance industry be more efficient, productive, and interesting to customers. In case you are there today too, lets connect and meet at the event. Can't wait to see you there! I also really enjoyed listening to: Pravina Ladva, Steven Zuanella, Claire McDonald, Sten Saar, Martin Thormählen, Ilya Kolmogorov, Parul Kaul-Green, CFA, Robert Burr, Philipp Kroetz, Dr. Christian B. Westermann, Hanbing Ma, CFA, Bart Frijns, Steven Mendel, Josh Hart, Lisa Wardlaw, Gil Arazi, Dr. Xenia Isabel Gioia Schmahl, Gregor Mandt, Lars Gehrmann, Eric MIGNOT, Sabine VanderLinden, Janthana Kaenprakhamroy and so many more. Always inspiring and insightful meetings with Neyko Bratoev Robert Buchberger Eran Baram Charlotte Halkett Vidyut Vardhan Graham Johnston Silvia Signoretti Kobi Bendelak Andrew How Kirill Fainshmidt Erika Krizsan David Clamp Dr. Robin Kiera MAIER Marius and so many more. Thank you all! #insurtechinsights #insuranceinnovation #kasko2go #networking #learning #innovation

I have always had a soft spot for ICE InsureTech. Here are some reasons why:- 1. They have Industry Award winning PAS and Claims solutions, which tick all the technical boxes re:- - Cloud native - Low code/no code - A library of dynamic Open Business API's. etc. 2. A fully referenceable customer base, with proven delivery capability in B2B, B2B2C and B2C distribution channels for Personal Lines, including delivering against the quirkiness of electronic trading for the UK and Ireland. As I have seen over many years, many suppliers often bracket EDI as an 'integration project' and really don't understand the intricacies associated with Polaris and Insecom standards. 3. A highly experienced and credible senior management team, which keeps a pulse on industry trends, specifically connected insurance, in which, arguably they could be seen as market leaders. They just quietly deliver, on time and in budget. I have no personal commercial interest in promoting ICE InsureTech but thought in this very noisy world of #Insuretech, it might be helpful creating awareness in my network.

Chatting up with Prerak Sethi guarantees the following: 1. Clarity about the way ahead for Insurtech 2. Reaffirmation of the fact that alone sucks and success is just another word for ‘together’, and 3. Boat loads of calm, positive energy coming your way. What a delight! Abhishek Rungta, you were missed but we gotta catch up with Prerak soon, together. 😃 #MENAInsurtech #Qatar #WeListenINTently

What a year for #ONDO in 2023... and couldn't be more excited for what lies ahead in 2024! 2023 - what a year: - Registered customers up from 40k to 90k - 9 new partners contracts signed - inc Nationwide, Topdanmark Länsförsäkringar, PURE Insurance, Mutual of Enumclaw, G4S, IAG, Portsmouth Water, Southern Water - 60% reduction in household water leakage delivered in the first UK water sector pilots - London Stock Exchange featured company in the 2023 #GreenEconomyMark report - 247% increase in share price - one of biggest movers in whole of the London Stock Exchange - 822% increase in value of shares traded daily with step-change in investor interest And we are just getting started... Expect more in 2024, and then some. More deals, more announcements, more leaks fixed and water saved, more records broken. The leap of faith required to get from where we started to where we are today is much less than the leap of faith from here to become the world leader in claims prevention technology for the insurance industry. Thanks to our amazing team, board, partners, investors... great alignment to do something really great for the environment and for homeowners! Onward. #ONDO Ondo InsurTech Plc