The Data-Powered Insurers 🔎 Revolut enters InsurTech and launches pet insurance, why the vulnerability gap matters to insurers and more
A new perspective on an old-established industry. Find latest report, news and information about startups and innovations in the insurance industry, with a focus on best #insurtech initiatives and venture capital investments
Revolut, the financial superapp with almost 4 million UK customers, today announced the launch of Pet Insurance. The stand-alone product reinforces Revolut’s existing insurance offering including travel insurance, purchase protection and ticket- and missed event cover. Pet insurance is Revolut’s entrance into insurtech, and is the company’s first of many future standalone insurtech products.
Must-read insurtech stories
The pandemic caused economic and insured losses from cyber attacks to skyrocket, which has heightened awareness of the risk and increased demand for cyber
Sustainability is an issue of global importance, with unique implications for insurers. In this series, I have been discussing the nuanced definition of sustainability for insurers in Europe and how this relates to their overall strategy and products. While concerns regarding the environment and climate change are prioritised, there is another facet to this that insurers need to be clear on. Insurers help their clients manage risk, but what happens when some communities are more at risk than others. A key social goal for the insurance community has to be a focus on improving coverage and affordability in historically underserved areas.
ACORD annually identifies the year’s Top InsurTech Leaders by evaluating vision, execution, and outcomes. Even during this past year of unprecedented challenges, the insurance technology community continued to drive growth and change throughout our global industry.
Insurtech Reports and Studies
For insurers, data is the key to success. Data is a mainstay for insurance organizations, but becoming data-powered is easier said than done and competition from InsurTechs is on the rise. So, how can insurance organizations transform into data-powered enterprises? look at the report to find out.
Post of the week
InsurTechNews on LinkedIn: #50insurtech #insurtech #insurance The first #50insurtech list of influencers for the year 2022 is out now! Check the full rank here 🢂 https://lnkd.in/dd-pEWn
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Investment and Startup Use Cases
Kaenan Hertz, managing partner at Insurtech Advisors, said insurtech funding in 2021 reminded him of the late dot-com era.
The real power of fintech is not to merely make the lives of the already wealthy slightly better than before. It’s to bring services and fair treatment to previously excluded populations. That’s why Casava is neat – not simply the fact that the company just raised capital – it’s bringing insurance products to a market where they have very little penetration.
Accelerant’s platform helps its members better understand risk, benefit from insights, and handle operational and regulatory complexity. The insurtech works with its members to drive profitable growth, with a focus on the small and medium-sized businesses that power our global economy and their niche insurance needs.
Insurtech Digest Back Issues
Quantum computing use cases, challenges & opportunities may be ahead for insurers and more. Look at these and other news in our digest.
Fintech revolution in insurance, latest insurtech rounds and more. This week we have 12 resources you shouldn’t miss!
WEF Global Risks Report 2022, a Green Fintech Taxonomy and more. A new perspective on an old-established industry.
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Solution Architect & Senior Expert Insurance at SAP - In early Retirement
2y👍 „… A key social goal for the insurance community has to be a focus on improving coverage and affordability in historically underserved areas. …“ 👍 Affordable micro insurance, combined with fairness and personalization (in contrast to index-based crop insurance, which doesn’t differentiate sufficiently from my perspective), could be a still a development accelerator … similar to fair microfinance.
Gr8 GOAL require Gr8 PASSION n ATTITUDE really matter's to it
2yAlberto Garuccio ! I am the Gap, where the Gap is. This is why, u c loads r born with #Insuretech, #Fintech etc cuz of "A Big Gap" in oneself as an Industry.. God bless #Start Up for #InsureTech or any #Tech which started with a Gap in itself and people like us who find this #Gap ✍🏾🤜🏾