COVID-19: Hard road ahead for insurtech companies
The global head of Willis Towers Watson Reinsurance Tech anticipates a rocky road ahead for insurtech.
The global head of Willis Towers Watson Reinsurance Tech anticipates a rocky road ahead for insurtech.
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The project encompasses building an insurance-specific data warehouse, based on Comarch’s cloud BI solution.
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“What was striking is the increase of such businesses set up outside London and by women.”
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Any organisation that profits from selling age-restricted products and services should be held accountable.
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Known as Shuidihuzhu in China, its Series D round was led by Swiss Re and Tencent.
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Phoenix Life is an existing user of several Oracle systems.
It’s a case of ramping up the automated underwriting footprint for the most simple, homogenous policies.
The Palo Alto, California-based start-up is valued in the investment at $1.5 billion.
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Policybazaar expects to return to profitability by the end of this year.
Experts from Banco Santander, Foxit Software and Xendoo discuss digitising paperwork during the coronavirus crisis.
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Raheja QBE has around 41,000 customers.
“The point is you don’t double capacity suddenly, it doesn’t help,” says CEO Yashish Dahiya.
SoftBank now holds more than a 15% stake.
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The SoftBank-backed insurtech sold 11 million shares priced at $29 each.
The insurance giant is looking to expand its US footprint.
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“The insurance community is not necessarily responsive to change,” says insurtech CEO.
A lot of claim processing, across all product lines, is carried out manually.
IBM set to manage Aegon’s run-off life insurance until 2066.