Posted in InsurTech blog on Apr 06, 2018
The new InsurTech / FinTech start-ups are focused on ‘customer experience’. This is defined by cutting down questions to a minimum, using ‘social’ data to fill in the blanks to give a quote for insurance or a loan. These companies use customers social media, third party apps and other accounts to gain information to provide quotes and service with minimum input from the user.
With the ability to gather significant amounts of data with ease, firms with sharing economy models are prime candidates to support and operate alternative risk structures to solve their unique insurance needs. They need new partners which can bring technology and insurance together in one place.
Posted in MicroInsurance blog on Mar 05, 2018
Look before you leap.....Insurance is typically poor at technology, marketing and dealing with global issues. Their compliance, whilst very protective, also slows the industry down. It can be very hard to put a global insurance program together based on new areas of risk or a new way of looking at the risk
Posted in Cyber Insurance blog on Feb 07, 2018
What can we learn from playing Go when working out how to deal with new security threats? The issues allowing Spectre and Meltdown are built into the basic design of the systems, meaning that these vulnerabilities bypass our software security measures. It is not just desktops or your lap top or only at work, it’s the whole system – mobile, cloud, IoT, servers, tablets…all technology.
Posted in InsurTech blog on Jan 05, 2018
To BLOCKCHAIN or NOT to BLOCKCHAIN. This article is not raving about what Blockchain is and how it could potentially disrupt the world as we know it, rather it is about the reason we as a company (microinsurance), have made the decision to use blockchain and why we see it as important for our customers.
Insurance for Online Marketplaces and the shared economy - This FREE book provides guidance for new economy entrepreneurs who are considering insurance for their platform, sharing economy app and marketplace.
Posted in InsurTech blog on Dec 16, 2017
We hear every day of Artificial Intelligence (AI) cases that are or about to revolutionise this business or that. Using algorithms over teams of 'experts', huge saving in time and effort along with improvements in accuracy can be achieved. Does this mean 1000’s of people will be out of a job? That AI will take all our jobs? Possibly. Or is there a different view?
Posted in Cyber Insurance blog on Nov 30, 2017
Uber's valuable data was taken and held to ransom. This was in 2016. This delay in reporting is one thing but the main issue here is that hackers were able to go in and take the data. How would you deal with this? What would you as CEO do? This is what Uber did.....
Posted in Blog on Nov 29, 2017
#makesmthngweek. Events across 5 continents from the 2nd December 2017. Its time to make and share.
Posted in Cyber Insurance blog on Nov 20, 2017
There are many things we can do to help protect ourselves. Start today and take a few small steps to improving your cyber security footprint.