ZhongAn’s CFO John Bi Opens Up

The Chinese online insurer has announced plans to go public

China’s first online-only insurer, ZhongAn Online Property & Casualty Insurance Ltd., recently announced it would raise as much as $1.5 billion in an initial public offering. Oliver Wyman Partner Prashanth Gangu held an exclusive interview with John Bi, the Chief Financial Officer of ZhongAn, on the floor of the Las Vegas Convention Center during InsureTech Connect 2016.

Strong Competition Also Brings Significant Opportunities for InsurTechs

The first true insurance disruptors could emerge from the proposition space

The proposition part of the InsurTech value chain contain businesses that offer innovative insurance-based products and services, either on a stand-alone basis or as part of a broader offering. In their global report, InsurTech Caught On the Radar, Oliver Wyman and Policen Direckt identifies six business model categories—low-cost, situational, community-based, “from insured to protected,” risk partner and digitized risks—in the…


What InsurTech Growth Can Tell Us About The Insurance Industry

The new business scored loss ratio highlights the need for better information

Like spies, insurers seek to make informed estimates about things that are normally hidden—not espionage or Cold War battle plans, but the probabilities of insurable events: car accidents, ill health, living to 95 years of age, being burgled, and so on. And just like spies, insurers are finding that new information technology is making many of their traditional methods of discovery…

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The Intersection Of Innovation And InsurTech

Oliver Wyman’s Matt Leonard talks InsurTech with AIG CEO Brian Duperreault

Brian Duperreault, a former Marsh & McLennan Companies chief who is now President, CEO, and Director of AIG, shares his insights on InsurTech in a discussion with Oliver Wyman’s Matt Leonard at the InsurTech Connect 2016 conference.

The oliver wyman insurtech interview

Karn Saroya, CEO, Cover

A discussion with a thought leader on the frontier of insurance innovation

Karn Saroya, along with Natalie Gray, Anand Dhillon and Ben Aneesh, founded Cover as a mobile-first insurance broker. Users download an app, take photos of their possessions and send them to Cover, which helps get them insurance coverage. Cover works with 30 insurance carriers across the US and Canada, and has thus far raised $11 million in venture funding. You’ve…

The Five Things We Learned at InsureTech Connect 2016

InsurTech Connect 2016

For the first time, trailblazers reimagine the insurance industry

InsureTech Connect 2016, presented by Oliver Wyman, marked an important milestone in the evolution of the global insurance industry. For the first time, over 1,500 innovators and senior leaders came together in Las Vegas to explore ways to reimagine the industry in order to better serve client needs and to enable the industry to innovate. Participants included CEOs/founders of over…

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Who Will Win The InsurTech Race?

The race to the next frontier of insurance innovation is on

In InsurTech Caught on the Radar, Hype or The Next Frontier?, Oliver Wyman — in partnership with Policen Direkt — identified and examined startup business models across the insurance industry in order to determine what’s next in disruption. “InsurTech has already impacted the insurance industry globally and triggered a lot of change – often to the advantage of the consumer,” explains Dietmar…


What Does The Startup Landscape Look Like Today?

Emerging technologies present a real opportunity to impact the insurance industry

Participants at InsureTech Connect 2016 included CEOs and founders of  150+ startups in the insurance sector as well as the major venture/private equity investors and senior leaders from established players in the insurance ecosystem (insurers, reinsurers, brokers, technology companies and service providers). Among those attending were folks who have invested capital in the burgeoning InsurTech community, like Martha Notaras of…


InsurTech’s Business Model Diversity

A look at how digital technology is affecting the insurance industry value chain

InsurTech’s promising future has been attracting a great deal of interest from founders, investors, and incumbents. Surprisingly, this surge of interest has taken place in something of an analytical void. What has been missing is an unbiased, well-structured, and in-depth analysis of the InsurTech landscape. Oliver Wyman and Policen Direckt’s global InsurTech Radar Report attempts to fill this gap by…

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Why You Need To Be At InsureTech Connect 2017

Experience the world's largest and most global gathering of insurance innovation

Oliver Wyman will once again be the presenting sponsor for InsureTech Connect, where entrepreneurs, investors, insurance executives, and risk managers meet to solve cutting-edge problems in the insurance sector.  InsureTech Connect 2017 will take place October 3-4 at Caesars Palace Las Vegas. If you’re in InsurTech, you need to be there. Want to learn more? Contact Oliver Wyman for more information.