K2G’s Post

You can now watch ITC DIA Europe 2024’s exclusive Digital Deep Dive with NTT DATA,Aflac, Tokio Marine Group and Zurich Insurance on demand: Our presence at the ITC DIA Europe Amsterdam 2024 (nttdata.com) 🎥 Watch now to learn about: * Three Waves of Innovation: Discover what Digital Insurance, Connected Insurance and Generative Insurance have to offer the market and why you need to be paying attention to these trends * Market Opportunities: Identify key opportunities for growth and expansion within the Insurtech sector, both regionally and globally * Partnerships: Learn that for both incumbents & insurgents to succeed in serving consumers and addressing the challenges of today, forming partnerships and creating collaborative ecosystems is essential Don't miss this opportunity to gain valuable insights from top experts in the field! View here: Our presence at the ITC DIA Europe Amsterdam 2024 (nttdata.com) Richard Calvo Robert Pick Damion Howlett Oscar Pallisa Nuriya Powell #InsurTech #InsuranceInnovation #InsurtechGlobalOutlookReport

This week I had the opportunity to attend, together with hundred of peers across the insurance industry, the 2023 Verisk Insurance Conference in London. During this packed day with varied panels and discussion topics, I heard from Lee Shavel talking about the main priorities and mission of #Verisk, Anat Baron leading a thought-provoking session on the evolution of technology and the shift towards a fast-moving, hyperconnected world together with the challenges and opportunities posed, and an overview of catastrophic personal injury claims and the evolving landscape of handling such claims presented by Alistair Kinley and Stuart Furniss, to name but only a few. There were a few themes across these sessions which could not have been missed: • the customer sits at the forefront of everything insurers do (which comes as no surprise and is reinforced by the new Consumer Duty) • data truly is king and we are only at the beginning of enabling its full capabilities • cross-functional collaboration is key to setting the right solutions in place • as insurers' adoption of technological advancements evolves, further consideration will need to be given to the balance between technology and the human touch • insurers' strategy needs to consider the future of GenAI while building internal skillset to enable maximising the opportunities posed; Certainly a lot of food for thought! #VICLondon2023 #conference #insurance #networking

You can now watch ITC DIA Europe 2024’s exclusive Digital Deep Dive with NTT DATA Aflac Tokio Marine Group Zurich Insurance on demand: Our presence at the ITC DIA Europe Amsterdam 2024 (nttdata.com) 🎥 Click the link below to learn about: 🔷 Link - https://shorturl.at/goLID 🔷 -> Three Waves of Innovation: Discover what Digital Insurance, Connected Insurance and Generative Insurance have to offer the market and why you need to be paying attention to these trends -> Market Opportunities: Identify key opportunities for growth and expansion within the Insurtech sector, both regionally and globally -> Partnerships: Learn that for both incumbents & insurgents to succeed in serving consumers and addressing the challenges of today, forming partnerships and creating collaborative ecosystems is essential Don't miss this opportunity to gain valuable insights from top experts in the field! 🔷 Link - https://shorturl.at/goLID 🔷 #InsurTech #InsuranceInnovation #InsurtechGlobalOutlookReport The ITC DIA Europe Community Roger Peverelli Nuriya Powell

The European Insurance Forum relaunches this week, after a four year absence. The theme of this year's conference will be "A New Era for #Insurance". The sessions include "A New Era for Tech in Insurance: How can #Insurers Manage the Rise of #AI" with Martin Duffy, Director of #Analytics at PwC. #Dublin Castle is a fitting venue for the event, as Ireland is increasingly seen as a global centre for insurance innovation, and FINEOS will be taking part in the #Insurtech Hub, along with a select group of other #Insurtechs showcasing the next generation of insurance solutions. #digitalinsurance #insurancetechnology #insuranceinnovation #insuretech #techininsurance #digitaltransformation #datascience #artificialintelligence #underwriting #claims #claimsmanagement #claimsprocessing #legacymodernization InsTech.ie

Here are the main takeaways from the 2024 Insuralex International Insurance Summit, which SCVR was happy to take part in. #SCVR #Insuralex #InsuranceLaw #InsuranceAttorneys

It's been rewarding to join 2 full days of workshops and discuss the future of Insurance with many old and new friends. While I don't have the ability to predict the future (at least not yet), I am glad to see my perceptions confirmed by Industry leaders. Shifts in Customer Expectations: Customer expectations are evolving, with a demand for more transparent, convenient, and personalized insurance solutions. Collaboration and Partnerships: Insurers may increasingly collaborate with technology companies, healthcare providers, and other industries to create integrated solutions. There is increasing demand for marketplaces and ecosystems, as Insurers are realizing Customer centricity is much more than offering pure insurance products. Insurers are thinking to join existing ones or take a bold move and create on their own , with incredible opportunities for monetization and partnerships. Doug Plenty Philip Vermeulen Loes Andringa Tom de Kuijper Elaine Osini UNIQA Insurance Group AG Cigna Healthcare Generali Italia If Insurance Tryg Covéa ERGO Group AG INSTANDA FICO RGI Group #insurance #marketplaces #ecosystems #fintech #insurtech #healthcare The Future of Insurance Europe https://lnkd.in/dn9GNzbb • 1 min read

One of the most important and urgent topics in the insurance industry now and in the future is the use of data. That’s why one of the core themes of ITC DIA Europe Munich is ‘New ways of using data’. During the event, thought-provoking speakers from innovative insurtechs will share their insights into some of the ways that they are using data. For example, using big data and analytics to identify patterns and trends that can be used to assess risk or using data to personalize and customize insurance products and services. You don’t want to miss out on these latest trends and innovations. Be sure to get your tickets here: https://lnkd.in/eiHZn69r #insurtech #insurance #innovation #ITCDIAMUC

Customer expectations, competition from other sectors, and technological progress are driving the emergence and growth of #ecosystems in insurance. 🚀 They enhance customer focus, drive digitalization at the customer interface, and diversify product and service offerings. Most importantly, ecosystems allow insurers to grow beyond traditional #insurance boundaries, offering new and innovative services. This not only increases the resilience of insurance companies but also generates lasting value for customers and investors. 💡 So, what are the key success factors for actually benefiting from ecosystems? Discover in our study: https://lnkd.in/eXPSk-ZT #RolandBerger #africa Dr. Ulrich Kleipaß Dr. Clemens Frey

Make sure you stop by booth #A1 to meet our A-team Somansh Bansal and Sagar Tikait at the Digital Insurance APAC Conference later this month. Learn more about how Sapiens' solutions help you transform your core with next generation, innovation-led solutions designed to deliver enhanced, frictionless experiences, and increase efficiency, revenue and success. #insurance #APAC #innovation

Check out the survey below 👇 I’m happy to answer follow up questions, like how to actually #solve some of the #challenges mentioned.