bolttech’s Post

🎧 Lessons from Southeast Asia’s Insurtech Market 🌏 Southeast Asia is one of the most dynamic and diverse regions for insurance innovation, and it's packed with lessons for insurtechs aiming to make an impact. In the latest episode of Building Tomorrow’s Insurer, we’re joined by Michael Waitze, founder of Asia Tech Podcast, to dive deep into the unique opportunities and challenges shaping the region’s insurtech landscape. 🎙️🎧https://hubs.la/Q02YScwR0 Key takeaways from Southeast Asia’s market: 🔑 Think Small for Big Impact: With over 60 smaller insurers in markets like Thailand alone, insurtechs can find massive untapped potential by enabling SMBs and SMEs that lack the resources to build their own tech. 🔑 Master the Nuance: Success in Southeast Asia demands local expertise. A "one-size-fits-all" approach won’t work—each country requires culturally attuned, localised leadership to navigate its unique dynamics. 🔑 Partner to Thrive: Distribution partnerships are essential. In markets where large conglomerates dominate the economy, teaming up with digital-first players like CP Group in Thailand is a game-changer. 🔑 Shift the Narrative: Insurtechs are no longer disruptors—they’re enablers. By providing the tools that incumbents and smaller players need, insurtechs can create a win-win ecosystem. Michael’s insights are a masterclass in understanding how to navigate Southeast Asia’s fragmented yet opportunity-rich market. 👉 Tune in now to learn how your insurtech can leverage these lessons: https://hubs.la/Q02YScwR0 #SoutheastAsia #Insurtech #InsuranceInnovation #BuildingTomorrowsInsurer #DigitalTransformation #LocalExpertise #Partnerships

Insurtech – Moving Forward Faster: Tuesday 6th August 2024 This is shaping up to be a great day! Check out these agenda highlights: - ‘Are we ready for Insurance 3.0?’ Panel discussion moderated by Simone Dossetor - ‘Promise vs Reality: Can tech change a people-based industry?’ Debate featuring Peg Vaghaye and Lisa Woodley - Industry speakers including Daniel Fogarty, Angus McDonald and Alex Taylor - ‘Does technology back up its claims?’ Panel discussion moderated by Miranda Maxwell - ‘Bridging Systems: The Broker’s Challenge’, a discussion featuring Dale Smith and Dianne Phelan - The very latest developments in Insurtech: six pitch finalists including Airdocs Global, Coverfreight, Curium, Haast, HumanableCX and Kanopi will compete during the day, the winner being announced at the conclusion of the day’s agenda - The opportunity to network and collaborate over food and drinks There’s something there for everyone! Get tickets and full event info here: https://lnkd.in/gt5DVf7r Remember, ANZIIF members qualify for 6 CIP points and Insurtech Australia members are entitled to discounted ticket prices. Please contact us at hello@insurtechaustralia.org if you haven’t received the special code. Anna Cranney Lawrence Roqueza Carolyn Johnston James Orchard Vanessa Dobson Sid Baidwan Tetiana George （梅玉瑛）Peter Williams Terry McMullan Julie Smyth John Deex Daniel Brami Andrew Silcox #insurtechaus #insurtech #insurance #conference #event #sydney #networking #collaboration #innovation #technology #brokers #claims #members #partners #startups #founders #scaleups #pitching #competition #debate #discussion #panels

Revealr.ai was delighted to be part of the Insurtech Australia Delegation to London for Insurtech Insights. Europe’s largest Insurtech Conference attracted over 6,000 delegates. Our key takeaway While we saw an emphasis on digital, the industry continues to struggle with delivering an end-to-end digital experience due to the proliferation of PDF documents. This impacts Policies, PDS, T&Cs – as well as the internal policies and procedures that govern operations and compliance. Excitingly, Revealr.ai solves this problem. Our Digital Twin technology and Ai enables insurers to create a web-based Twin of every document. And with our secure Ai application, summarises, analyses and delivers insight into documents in a trusted environment. Our congrats to Insurtech Australia for organising the delegation #digitalisation #digitaldocuments #insurtech #regtech #insurtechaustralia #insurtechuk #insurance #QBEventures #SwissRe #MunichRe #Aon #Lloyds #Chubb #Metlife #PacificLifeRe #Suncorp #Avantmutual #GenworthAustralia #Challenger #Peoplecare #QBE #IAG #EIP

Revealr CEO Bruce Wren is with the Insurtech Australia UK Delegation to London for Insurtech Week - Europe's largest Insurtech Conference. It’s an exciting opportunity for our Australian Insurtech businesses to demonstrate our innovation, and connect with other Insurtech entrepreneurs. Revealr offers a broad range of solutions for the insurance industry - we've put a short video together to highlight how our digital twin technology can revolutionise insurance documents right across the value chain. #insurtechaus #insurtech #fintech #digitaltwin Bruce Wren Nimit Kapoor #insuranceregulation #cps230

The Finstep Asia Edge podcast with Syed Musheer Ahmed is at Global Fintech Fest 2024 with Chiranth Patil, co-founder of Riskcovry, a leading insurtech startup. Dive into our chat about his journey into fintech, the growth of insurance in India, and the future of insurtech. 🌟 Key Highlights: 🛣️ Fintech Journey: Chiranth’s discusses his path to co-founding Riskcovry, an insurtech infrastructure company in India that provides digital infrastructure for insurance distribution. 🇮🇳 Insurtech in India: India's insurance market is growing rapidly but still has low penetration compared to global averages, presenting significant opportunities for insurtech companies. 🏗️ Riskcovry's Insurtech Infrastructure: Riskcovry connects insurers and distributors, processing $200 million in premiums last year and securing multiple funding rounds. 💸 Turning Profitable in Fintech: Revenue-positive fintechs are rare—Riskcovry's mindset and milestones are focused on growing and sustaining revenue with new funding. 💰 Revenue Success: Riskcovry's impressive milestones and future plans for scaling Full episode link - https://lnkd.in/dwBjEUWd 🔔Stay tuned for more insights and don’t forget to hit that subscribe button! #Insurtech #Fintech #InsuranceInnovation #Insurance

🌍 Only one week to go! Exciting times ahead! For the 7th consecutive year, we are proud to bring a delegation of Israel's top insurtech startups to the #ITC Vegas Conference – the world’s leading event for insurance innovation. The #ITC conference has become an invaluable platform for the insurance and investment communities, offering exposure to cutting-edge technologies from Israel and around the globe. It provides an unparalleled opportunity for startups to meet key industry players and gain incredible visibility throughout the event. 🙏 A huge thank you to Nicole Peck, Josh Grossman, Bill Harris, Paschoal Grassioto, and the entire ITC team for their continued support of our delegation and for advancing the global insurtech industry. Your efforts have made a lasting impact on the evolution of the insurance world. 🚀 If you're involved in the Insurtech or insurance ecosystem, I highly encourage you to register (link in the first comment) and make sure to visit the Israeli Pavilion to experience firsthand the groundbreaking technologies shaping the future of insurance. Don't miss this incredible opportunity to meet the best Insurtech startups: OpenLegacy, Five Sigma - AI-Native Claims Management, RAVIN.AI, Seenity, Connected Insurance, Wasens, Healthee, Second Nature, ClaimSetter, SeismicAI , amplifair, Cytactic, Jungo Connectivity Ltd, Multyx, Urbanico, Pattern Insurance, Docomotion, AcumenAI, XRHealth, Mooves. #Insurtech #ITCVegas #Innovation #IsraeliStartups #Insurance #Investments

How are leaders from Pineapple, Qoala, and bolttech revolutionising insurtech in developing regions? Tomas Holub, CEO of CoverGo | Insurtech,Kazy Hata, CEO of justInCase, Inc., and Rob Schimek, CEO of bolttech, are among the top innovators driving digital transformation in insurance. Their efforts are increasing accessibility and transforming the insurance landscape worldwide. #Insurance #FinancialInclusion #TechLeadership

InsurtechLIVE 24 – Tuesday 13th February 2024, Doltone House, Jones Bay Wharf, Sydney Panel Discussion: How can Insurtech help insurers remain relevant? We’re excited to present these experts on stage next Tuesday, discussing how Insurtech is key to keeping life insurers relevant in today’s challenging market. Led by moderator Marc Fabris from Risk Hub, listen to insights from panellists Ben Donald from Austbrokers Life, Hicham Mourad from ClearView Wealth Limited and Zemble’s Aurora Voss. It promises to be a really interesting, topical agenda item! Thanks to Principal Sponsor EY and our Insurtech Market Growth Partner Investment NSW. A reminder too that ANZIIF members are eligible for 4.5 CIP points for attendance at InsurtechLIVE 24. Ticketing is closed for this event – but you can follow this link for full conference details, speaker bios and lots more. You could even join the waitlist (just in case a place opens up!) - https://lnkd.in/gVcw6bsc Please contact us at hello@insurtechaustralia.org with any queries. Simone Dossetor Lawrence Roqueza Carolyn Johnston James Orchard Tetiana George （梅玉瑛）Vanessa Dobson Peter Williams Lisa Woodley Sid Baidwan Paul Bloxsome Karen Stephens Nigel Fellowes-Freeman e5 Workflow Entsia Grappler RegCentric Unqork ARNIE Motor Claims Curium App SSP Limited British Consulate General Hamilton Locke QBE Ventures Finity Monoova #InsurtechLIVE24 #insurtechaus #insurtech #insurance #lifeinsurance #advisors #collaboration #innovation #technology #startups #founders #scaleups #members #partners #event #sydney #February #opportunity #partnerships

It was an absolute pleasure to be a part of Fintech Week last week, especially sharing the stage with Taffy Jo Mayers, Lisa Wardlaw and Sarah Kocianski at #IFGS2024 to talk about #insurtech and the opportunities for the transformative evolution of the sector.  Responding to the socio-economic and demographic challenges faced by the world's people and economy needs new ideas and approaches. I know Taffy Jo took the phrase "unicornification" away as a new guiding light, but for me the 'word' (and I use 'word' loosely ...) was "coopetition". Both the need and opportunity for the insurance sector has never been greater, nor has the necessity of finding better ways to get customers the cover they need in a constantly changing world, be that through parametric insurance, micro insurance or otherwise, at a reasonable premium. Distribution is of course a large part of that, but the rest of the value-chain is as important in making these changes viable and sustainable.  Competition tends to drive a more effective market. Collaboration tends to yield better results faster. However we call it, and I confess my eye does twitch slightly every time I use the phrase 'coopetition', the premise is, I believe a good one.  Be that coopetition between insurtechs, insurtechs and traditional insurers, or a combination, the aggregated global expertise across the sector has the potential to make truly transformation changes, in particular when combined with new ideas from people attracted to the market to work on the big questions we as an industry are working to help answer.  Insurtech has a pivotal role to play on this journey, and I have no doubt that along the way more insurtech unicorns will be born. #evelynpartners #insurtech #insurance #IFGS2024 #cooptetition #unicornification

What a better way than to start the week with the latest news in the insurance industry! Here's what you need to know this Tuesday morning: 1. Are Insurers Thinking About the Value Proposition for Consumers by Collecting Timely Data? The importance of timely data collection in enhancing consumer value is becoming increasingly evident. Insurers are now focusing on how real-time data can improve customer satisfaction and offer more tailored services. https://lnkd.in/eY66btx4 2. Insurtech Unicorn Wefox Faces Insolvency Risk In a surprising turn, Wefox, a prominent insurtech unicorn, is reportedly facing insolvency risks. This development serves as a critical reminder of the volatility in the insurtech space and the importance of sustainable business models. https://lnkd.in/eA_zdPjW 3. Insurtech Innovator Vitesse Secures $93M Series C for US Expansion   On a brighter note, Vitesse has successfully raised $93 million in a Series C funding round, earmarked for its expansion into the US market. This funding boost underscores the confidence investors have in Vitesse's innovative approach to insurtech. https://lnkd.in/egAsGH9s #InsuranceIndustry #Insurtech #Innovation #DataCollection #BusinessGrowth #meaPlatform