Posted in MicroInsurance blog on Sep 22, 2018
Generally Micro Insurance refers to providing insurance to low-income families in developing countries and continents. We like to offer a broader definition, this is where insurance products are developed to provide a specific coverage for a specific need or event. This generally results is a lower cost to customers for that event when compared to a monthly or annual cost for more traditional insurance.
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!
Posted in MicroInsurance blog on Sep 14, 2018
GREAT graphics to show people the possible Hurricane Florence devastation but for the actual effects some people today just need to look out of the window! The actual effects are not new. Hurricanes can always cause huge flood damage. Its time to take this seriously.
Posted in Cyber Insurance blog on Sep 07, 2018
British Airways said Thursday that the personal and financial details of customers were stolen in a data breach involving 380,000 bank cards. And then in other news, personal details of two million people were exposed online by a controversial tracking app that allows parents to spy on their children. The app, named mSpy, gives users complete access to another person's smartphone, allowing them to see everything from their texts and Facebook messages to their location and browsing history.
Posted in Cyber Insurance blog on Aug 27, 2018
2 million mobile users in the USA are this week wondering if their data is again in the wild.
Posted in MicroInsurance blog on Aug 17, 2018
Right now in Kerala, India, there is a disaster progressing - floods. The monsoon flooding has severely hit 12 of Kerala's 14 districts, with thousands of homes damaged since June 2018 and thousands of peoples lives are being turned upside down.
For Africa to realise its huge insurance potential, local companies must increase the size of their balance sheets, enhance the quality of their technical training and improve their trans-national reach within the continent itself.
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.
Posted in Blog on Jul 17, 2018
Bringing Artificial Intelligence (AI) to the masses with Smartibot an artificial intelligence (AI) robot you can control from your smartphone.
Posted in Cyber Insurance blog on Jul 10, 2018
Insureon, USA based insurance broker, recently carried out a survey of 2,500 small businesses and the results show a staggering level of complacency. When asked if they feel at risk of a cyber data breach, 82 percent of respondents said no. Are the sands of time running out?