• Just in time?

    Posted in InsurTech blog, MicroInsurance blog on Apr 09, 2019


    When the produce being transported is fruit and vegetables, any disruption in the supply chain can lead to substantial losses because they are perishable goods. In these situations how can businesses know what decisions to make and how to deal with these issues? Real time tracking of supply chain is an answer.

  • Blockchain or Hashgraph?

    Posted in InsurTech blog, MicroInsurance blog on Mar 29, 2019


    Distributed ledger space is a huge talking point for insurance – smart contracts, security, cost reduction, trust – it all points to a move on to this tech. BUT blockchains come with limitations by design . In today's world SPEED is king and the slowness of blockchain is huge barrier. Even in the slow paced world of insurance its too slow really - how many applications are there that run on a database that can just do 5 transactions per second? None, I think. Hence blockchains have been all talk, to-date. Is there an alternative? Swirlds anyone?

  • Insurance innovation

    Posted in InsurTech blog, MicroInsurance blog on Mar 22, 2019


    Why should the insurance industry care about innovation? Their products are about claims, how can you stop those with innovation? they are part of the product, right? Well no, typically the insurance industry, as all businesses, cares about all its costs, the complete business model. Claims are part of these costs - in some cases the smaller part of the complete costs! Innovation should be focused on all areas of their business model.

  • Insurance, Blockchain & Oracles

    Posted in InsurTech blog, MicroInsurance blog on Feb 11, 2019


    Here at Microinsurance we continue to explore blockchain, the world of “a smart contracts”. It is our current belief that ‘smart contracts’ will be the core insurance uses-case for blockchain. The use of these contracts are now linked to the rise of blockchain and a change in technology and process that is still very young.

  • Hacking with a Pringles tube, remember?

    Posted in Cyber Insurance blog, InsurTech blog on Jan 31, 2019


    Pringles tube to Drone, is this a good measure of security progress?

  • challenges - insuretech

    Posted in InsurTech blog on Sep 21, 2018


    Consolidation; Ageing workforce; Slowing growth; Disruptive tech; Prospects from over-regulation, Speed of technological change, Changing customer behaviour; Competition from new market entrants. The list can go on and on. To pick just 3 key points for challenges, where to start? Because if you look at that list above its EVERYTHING - the whole landscape is changing and needs to change. This is the challenge - everything!

  • Augmented Insurance - AI

    Posted in InsurTech blog on Aug 12, 2018


    Artificial Intelligence, AI, for insurance, or as we call it Augmented Insurance, is here. AI tech is growing, augmenting companies and process in all areas. The insurance industry is one based on data yet has not kept up with tech investment. This makes it open for AI.

  • The Future Computed

    Posted in InsurTech blog on Apr 07, 2018


    This is an indepth look at AI and the opportunites it offers for the new work place. People worry about the impact of AI, however we need to adapt and change. Life is full of opportunities.

  • Time to take back your data?

    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.

  • To Blockchain or Not to Blockchain

    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.