Open & Embedded Insurance Observatory’s Post

We are excited to announce that Leonardo Cardone will be speaking at our London Plenary Meeting on 11th November 2024! Leonardo joined Sure in November of 2017 and currently holds the role of Head of Strategic Partnerships, leading the team responsible for building relationships across insurance ecosystem and forging partnerships with global insurance carriers, brokers and global B2C & B2B Brands. Meet Leonardo and the team at the upcoming Open & Embedded Insurance Observatory plenary in London Plenary Meeting on 11th November 2024. Register here: https://lnkd.in/d-tpv3Pc #EmbeddedInsurance #OpenInsurance #InsurTech #Insurance #Technology 

Polly, the premier embedded insurance marketplace, announced a strategic partnership with TruStage, a financially strong insurance, investment, and technology provider with more than 85 years of experience serving over 3,500 credit unions and their members across the United States. Ryan Fitzgerald, Head of Partnerships at Polly, stated, “Our platform empowers the TruStage Auto & Home Insurance Program to offer credit union members a personalized and potentially money saving experience on behalf of their endorsing credit union customers.” “We believe a brighter financial future should be accessible to all, and that means providing members with a seamless experience and choice of coverage options that work for them,” Brook Garrity, Director Partner Management at TruStage added, “By leveraging Polly’s advanced technology infrastructure, we'll be able to help seamlessly connect more members with choices to protect what's important to them.” https://lnkd.in/ekVY5TqC #OpenInsurance #Insurance #EmbeddedInsurance #Insurtech #Partnership

Qantev, an AI-powered platform transforming how health and life insurers manage claims, reduce costs and improve services – raised €30 million in a new funding round led by Blossom Capital. Tarik Dadi, CEO and co-founder of Qantev said: “A perfect storm of increased costs, post-COVID backlogs, chronic diseases, an ageing population, and increased demand means healthcare insurers can no longer keep up with paperwork. The growth we have seen at Qantev over the past 12 months is not only a testament to the work our team has done in solving these challenges but also the need for a solution like ours. As an operator in the global health insurance sector, I witnessed and experienced the pain points our customers are feeling and we’re using decades of experience to make claims more efficient, accurate and beneficial for all." Ophelia Brown, Founder at Blossom Capital said: “Qantev's laser focus on the soaring health and life insurance market, combined with its deep expertise in AI, insurance, and data analytics makes it best placed to solve the very real, and rising problems being seen across the healthcare industry. Insurers are crying out for technology that can both address the challenges they face and scale in line with their own ambitions. This is exactly what Qantev provides.” https://lnkd.in/efQF6hct #OpenInsurance #EmbeddedInsurance #Insurance #Insurtech #Funding

Leading SaaS core platform provider to the US Group Benefits Market, EIS Ltd, announced the integration of market-leading absence management solution, AbsenceSoft, into its growing cloud-native ecosystem of best-in-class insurtech partners. Richard Fisher, Chief Revenue Officer, EIS, says, “Leave of absence management represents a healthy source of revenue for group benefits insurers and a key additional driver of customer retention. However, it’s a complex and work-intensive area to manage. Our partnership with AbsenceSoft ensures Group Benefit insurers and employers benefit from a seamless leave of absence management operation, where every scenario from disability insurance claims, supplemental health claims, and all types of leaves can be coordinated and managed in one unified platform.” Mark Schiff, CEO at AbsenceSoft says, “The partnership with EIS brings a new dimension to our business, which was established to solve complex problems for employers. It allows us to integrate our leave of absence solution directly into carriers’ overall claims operations, who are increasingly taking on the responsibility for managing this domain for their Group Benefits clients. It’s a great match.” https://lnkd.in/efZF-WJk #OpenInsurance #EmbeddedInsurance #Insurance #Insurtech #Partnership

"Whether people want to change or not, organizations want to change or not, consumers will have this digital expectations where they'll want to see their products embedded in other services and they'll want to be able to buy that cover in a very straight forward digital fashion," Nigel Phillips, CEO of CDL Software, in our panel session 'Enabling Ecosystem Distribution Research Presentation' at the Plenary meeting in London in March 2024. Missed the London Plenary in March 2024? Join us for the upcoming London Plenary, 11th November 2024! ✈ Register here: https://lnkd.in/d-tpv3Pc #EmbeddedInsurance #OpenInsurance #InsurTech #Insurance #Technology

Coterie Insurance, the partnership-focused insurtech MGA simplifying small business insurance, announced the availability of cyber insurance on its platform through a new partnership with Berkley Re Solutions (a Berkley Company) and TransUnion. “Our agents and brokers have been asking for expanded coverage options as small businesses are at risk for numerous perils, including increasingly becoming targets for cybercriminals,” said Bobbie Collies, Chief Insurance Officer at Coterie Insurance. Christopher Ellis, SVP & Head of Turnkey Solutions at Berkley Re Solutions, said, “Our combined expertise, resources, and partnerships create a powerful offering that supports the needs of our partners and their clients.” Matthew Cullina, Head of TransUnion’s global cyber insurance business, said, “Cyberscout’s services are both technical and consultative to assess and repair the damage, while helping small business owners navigate the process—so they can focus on protecting their customers as well as their brand.” https://lnkd.in/etAtDhsC #OpenInsurance #EmbeddedInsurance #Partnership #Insurance #Insurtech

Companjon, a leading insurtech start-up specializing in end-to-end, dynamic embedded insurance solutions, was recognized on the 2024 InsurTech100, its fourth consecutive year of inclusion on the list. The dynamic insurance products, which utilize machine learning and artificial intelligence on consumer behavior to offer the right level of coverage at the right time for the right price, are an insurance industry first. Companjon CEO, Matthias Naumann, said: “We are delighted to once again be recognized as one of the world’s most innovative insurtechs with our fourth consecutive inclusion on the InsurTech100 list. The 2024 recognition is particularly rewarding as we round out a banner year for our business with the introduction of boundary-breaking dynamic solutions, expansion into new geographies, and collaboration with more big, leading brands. Companjon’s success can be attributed, with thanks, to our business partners, who also endeavor to go where none have gone before, and our incredibly diverse and talented team.” Companjon seeks to change the way people think about insurance. Its unparalleled end-to-end solutions, which include the unique ability to serve as its own underwriter and risk carrier, delight their business partners’ customers with protection that provides the ultimate in flexibility and convenience across 32 countries in Europe and North America. https://lnkd.in/e6Dw924U #OpenInsurance #EmbeddedInsurance

We are excited to announce that Pierre Stalla-Bourdillon will be speaking at our London Plenary Meeting on 11th November 2024! Pierre Stalla Bourdillon is in charge of Business Development at Generali for the Motor & Mobility verticals, focusing on international partnerships with carmakers and fleet managers, based on far-reaching distribution agreements and with an eye toward the use of vehicle connectivity and digitalization. Before joining Generali, Pierre worked in Sales, Business Development, Vendor Management and Operations in the technology sector (Google, Uber) and acted as a consultant in the commodity brokerage business. Meet Pierre and the team at the upcoming Open & Embedded Insurance Observatory plenary in London Plenary Meeting on 11th November 2024. Register here: https://lnkd.in/d-tpv3Pc #EmbeddedInsurance #OpenInsurance #InsurTech #Insurance #Technology 

Grye announced the launch of the IBS Insurance Innovation Roundtable in collaboration with MyCover.ai (Techstars '22), the leading InsurTech company in Nigeria driving embedded insurance offerings across various sectors. Adebowale Banjo, Co-founder of MyCover.ai, said: “Technology is redefining the insurance landscape, making it more accessible and inclusive. This event is a pivotal opportunity to ensure that Africa’s insurance ecosystem leads global innovation. We are excited to collaborate with all stakeholders to explore cutting-edge solutions and drive meaningful change that will enhance insurance reach across the continent.” The Nigerian Insurance Association (NIA) is proudly supporting the event, further underlining the importance of this initiative to the local insurance industry. https://lnkd.in/epZqp9Wq #OpenInsurance #EmbeddedInsurance #Insurance #Insurtech #Partnership

We are excited to announce that Grahame Cohen, Founder and CEO at Epoq Legal US, will be speaking at our London Plenary Meeting on 11th November 2024! Grahame is the founder and CEO of Epoq Inc, a pioneer at the intersection of legaltech and insurtech. With a career spanning over 25 years, Grahame has been at the forefront of integrating legal services within the insurance industry, offering innovative solutions such as digital document services and risk management tools. Grahame’s visionary leadership has significantly expanded Epoq’s footprint, establishing key partnerships with leading companies in the property and casualty and life insurance sectors. His expertise in leveraging technology continues to drive transformation in these industries, creating new revenue opportunities and enhancing policyholder engagement. Meet Grahame and the team at the upcoming Open & Embedded Insurance Observatory plenary in London Plenary Meeting on 11th November 2024. Register here: https://lnkd.in/d-tpv3Pc #EmbeddedInsurance #OpenInsurance #InsurTech #Insurance #Technology