ELEV8LY members met last week to discuss how #AI & #ML will reshape the #Insurance & #Brokerage landscape. Thank you to the senior #finance executives who joined us from Canopius Group, Laka, Admiral Group Plc, Howden and Davies. Interested in joining our network? https://t.ly/IHaj2 Glen Ward Iva Neil Chris Reynolds Imran S Khan Tony Rooke Jerone Grady Dwaine N Tom J P McInnes Lauren Kilford #insurtech #cfo #roundtable #demandgen #elev8ly
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📊 Optimize your finances with HawX! 📈 Get automated financial reports to track your business’s performance with ease: 🔹 Cash Flow Management: Monitor your financial flow effortlessly. 🔹 Income Statements: View your quarterly revenues, costs, and expenses. 🔹 Product Reports: Compare income statements and balance sheets across product lines. Elevate your financial strategy with HawX today! 💼✨ www.hawx.io #FinancialReporting #CashFlow #IncomeStatement #BusinessPerformance #HawX
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Fascinating discussion on breaking down silos between actuaries, underwriters, and tech teams - this collaborative approach is exactly what's needed to modernize insurance pricing. We've seen firsthand how external #data integration can transform #pricing accuracy, but the real magic happens when cross-functional teams work together to interpret and apply that data effectively. What strategies have you found most successful for fostering this kind of collaboration between traditionally separate departments? Sabine VanderLinden Jamie Wilson hyperexponential #insurance
At ITC Vegas, Sabine VanderLinden, CEO of Alchemy Crew Ventures was joined in the expo hall by Jamie Wilson, Head of Pricing and Innovation at hyperexponential, for a discussion on addressing challenges and leveraging opportunities in insurance pricing. Key discussion points included: 🔹 Tackling legacy system barriers to accelerate and optimise pricing processes. 🔹 Utilising external data for precision and customisation in pricing models. 🔹 Encouraging collaboration among actuaries, underwriters, and tech teams to drive innovation. 👉 Watch the full interview here https://lnkd.in/eu8qDiP8 InsureTech Connect #ITCVegas #InsuranceInnovation #Insurance #Insurtech #InsuranceIndustry
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Some exciting news this week in the Insurtech Space! AKUR8 announced the acquisition of @Arius, an award-winning P&C reserving software from Milliman, Inc., a global leader in actuarial solutions. The move means Akur8 can enhance their offering for insurers and reinsurers by combining the power of Akur8 Pricing with Arius Reserving, improving the speed, accuracy, and reliability of actuarial processes. Can’t wait to see the innovative new offerings that will come from this powerful combination!Franck Zerbib Samuel Falmagne
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At ITC Vegas, Sabine VanderLinden, CEO of Alchemy Crew Ventures was joined in the expo hall by Jamie Wilson, Head of Pricing and Innovation at hyperexponential, for a discussion on addressing challenges and leveraging opportunities in insurance pricing. Key discussion points included: 🔹 Tackling legacy system barriers to accelerate and optimise pricing processes. 🔹 Utilising external data for precision and customisation in pricing models. 🔹 Encouraging collaboration among actuaries, underwriters, and tech teams to drive innovation. 👉 Watch the full interview here https://lnkd.in/eu8qDiP8 InsureTech Connect #ITCVegas #InsuranceInnovation #Insurance #Insurtech #InsuranceIndustry
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In today's Story of the Day, technology editor Clare Ruel explores the impact of changes to research and development (R&D) tax relief for insurtechs, startup brokers and SMEs, which includes the introduction of a new 'simplified' scheme, in the latest installment of #TechTalk 🔍 Markel Tax Markel ForrestBrown Limited Insurtech UK UK House of Lords HM Treasury #Insurtechs #Brokers #SMEs #Insurers #Suppliers #Regulation
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Who’s at Insurtech Insights this week? Join us at kiosk K-15 to see how Docugami turns complex #insurance #documents into #data, to unlock vital information & streamline critical tasks. And we’re speaking at 4pm Thurs, on “Transforming Insurance Documents into Knowledge Graphs.” Come learn how Docugami’s AI-powered Document Engineering can boost your business. Learn more: https://hubs.li/Q02zs5yl0 #ITIUSA24 #DocumentEngineering #AIforInsurance
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$3m in Savings - Automation, Integration and AI Case Study Complete - Helping MGA's and Brokers claims team reduce touch points, lower the cost to serve whilst driving compliance and customer experience. Creating real value!
❓ Did you know? The average motor claim has 45+ touchpoints, and a property claim has 60+ touchpoints. That’s a lot of back and forth for brokers, policyholders, and insurers. At the Austbrokers SOAR 2024 Conference, our Group CEO, Brian Siemsen, shared how Wilbur AI and our powerful integrations are drastically reducing these touchpoints—streamlining the claims process and improving outcomes for everyone involved. Curious to learn how we’re transforming claims? Watch this teaser of Brian’s talk and discover the innovative solutions Wilbur is bringing to brokers. Stay tuned for more insights, or contact us to find out how Wilbur can help your business! Request a demo today - https://lnkd.in/gSChMBmw #Austbrokers #Claimsmangement #Insurancebroking #Insurtech
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We have reached a major milestone as we welcome Beazley onto the Ki platform as our newest capacity partner. Using our platform, brokers can now get follow capacity from 4 Lloyd's syndicates in one place. Mark Allan, our CEO, talks more about our partnership and our joint vision for the London market. Watch the video to learn more ▶ https://lnkd.in/davGTMPs #KiInsurance #InsuranceInnovation #LondonMarket
Our partnership with Beazley
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owntic.com This model is financially more advantageous compared to using credit and offers users more financial control and flexibility. owntic.com represents an innovative financing model that offers an alternative to traditional credit use, providing vehicle owners with a way to optimize costs and improve cash flow. #SellAndLeaseBack #CashFlowOptimization #FinancialFlexibility #CostEffectiveOwnership #ReturnFlexibility #CreditFreeDriving #SmartFinancialChoice #VehicleValuePreservation #DebtFreeDriving #ReturnAtYourConvenience #BudgetFriendlyLeasing #HassleFreeOwnership #FinancialPlanningSolution #NoCreditStress #OwnershipFreedom #InterestFreeLeasing #FlexibleOwnership #FinancialEmpowerment #CostEffectiveFinancing #ReturnOptionality
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Q2 2024 InsurTech Insights: Funding Soars and Strategic Investments Lead the Way 🚀 The latest Financial Technology Partners / FT Partners Research Q2 2024 InsurTech #Insights #report highlights a significant rebound in the #InsurTech and #TechForInsurance sector: 💰 #Funding Surge: Private InsurTech company funding skyrocketed to $1.4 billion in Q2 2024, marking a 2x sequential increase over Q1's $698 million. This represents a modest 12% year-over-year growth. 📈 Large Financing #Rounds: Nine $50M+ financing rounds were completed, including Sidecar Health's $165M Series D, Transcarent's $126M Series D, and Honey Insurance's $108M Series A. 🌍 #European InsurTech Gains Momentum: The sector saw a 66% increase in deals in the first half of 2024 compared to H1 2023, with notable capital raises by ICEYE, Vitesse, and FintechOS. 📉 M&A Trends: M&A activity remained steady with 31 deals, but total dollar volume fell 68% YoY to $509M. Source: https://lnkd.in/e9xCXmVT ⏰ This is the right #time to invest: Excellent opportunities due to current favorable entry valuations & investor-friendly investment conditions. With Ensure Growth Capital, we are seizing this #opportunity - combining strategic advantages with high return potential as a European venture capital fund #optimized for the #insurance #industry. The InsurTech & Tech for Insurance landscape is evolving rapidly — Together we #EnsureGrowth! #InsurTech #Fintech #Investment #Innovation #Insurance #TechForInsurance
FT Partners Q2 2024 InsurTech Insights
ftpartners.docsend.com
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