Is there any 'community' in insurance? When many industries are all trying to help those in need or to raise awareness of good causes, why does insurance fail at this - the one product designed to help and support communities in their time of need?
How does the investment in InsurTech measure up to the other areas such as can be seen on display at this years CES Expo in Las Vagas? An odd comparison? Maybe but the insurance industry seem to be struggling for innovation, growth and acquiring talent.
Check out coverageR - a great insurtech resource - and an interview with Harry Croydon, CEO of STP Risk Services LLC
Posted in Blog on Aug 03, 2019
I was at an investor pitch meeting the other day and was asked about the valuation of a company. How to justify a X multiple of revenue. Truth is startups are generally just starting to get revenue from parts of the business, but there is so much more potential. At the time I did not have a good answer. This is about the answer I have now....
I do find it hard to keep up with my reading. I have found, along with many other people, that listening to books and audio files is a great way to keep up. Here is a recommendation for fans of AI and Cyber Crime....
The Atlantic coast hurricane season lasts from June through November, with the likelihood of storms peaking from August to October. The East Coast and Gulf Coast are most at risk, though damage from wind and rain can extend well inland. Make sure you read your insurance policy carefully to learn what it does and does not cover, and contact your local agent with questions or to discuss your insurance needs. This is really important.
Hurricanes, over the last 150 years, have increased in both number and intensity. Compare, over similar periods, other graphs and studies on sea water temperatures and average land temperatures, all show the same up-tick and acceleration. It could be time to be prepared and protect your assets with appropriate insurance cover.
This years global conference was in Hong Kong and was a great opportunity to meet with old friends and to kick off some new business.
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 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.