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Jim Fields on the promise and pitfalls of using trial programs

Oliver Wyman Insurtech caught up with Oliver Wyman Partner Jim Fields, who’s been fully engaged with a healthcare startup, Practicing Wisely®, which evaluates physician performance on evidence-based treatment measures. We thought that the lessons he’s learned as Practicing Wisely went into the marketplace would be applicable to many insurtechs in the same position.

Interview with Ed Leon Klinger, CEO of Flock

This year, the company is continuing to expand and create new value for customers. With the rapid proliferation of commercial drone opportunities, Flock saw a need in the marketplace. Most recently, it launched Flock Enterprise, the world’s first real-time insurance and risk management product for drone fleets.

Interview with Chris Sheehan, Co-Founder and CEO

The company's business model provides affordable crop insurance to farmers—and allows investors to add diversified returns and social impact to portfolios.

Interview with Phil Alampi, VP of Client Engagement

What if you could work with data that’s collected in a smarter way? And digging through documents to find relevant information was a thing of the past. That’s the idea behind DataCubes—a commercial underwriting platform powered by data science.

June 20, 2019

Keeping to the Basics

Insurtechs Benefit from Minding Business ABC's

Insurtechs may think the ongoing disruption of the insurance industry means they’re exempt from the “old rules.” But to compete and gain entry into the industry with their innovations, the rules are still the same, according to Matt Leonard, Oliver Wyman Partner. “It’s amazing how many startups forget this,” he added.

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Co-Founder and COO

Learn more how Betterview decided to pivot from its original value proposition and built a sophisticated property data platform. The result...a fruitful $4.5 million Series A, that brings total funding to $10 million.

June 18, 2019

The Greenfield Approach

Accelerating A New Era Of Growth And Innovation In Insurance

Traditional models are being disrupted, creating gaps in the market where insurers have the opportunity to provide services in new cost-effective and customer-centric ways. Insurers can fill these gaps by taking a greenfield approach to building new business capabilities.

Change Is Apparent, But Preparation Lags Priority

In a recent report, Pace Of Change: Critical Drivers Impacting The Transformation Of Insurance, our colleagues at Celent surveyed property & casualty carriers.

Head of Strategy on reimagining commercial insurance

As a part of AIG, Blackboard is helping the company to modernize and transform its middle market insurance business—by wiping out inefficiencies and old processes and adding the latest digital technology, data analytics and automation.

Co-founder on delivering insurtech solutions to small businesses

A lot of small and medium sized businesses go bankrupt because their invoices are unpaid or remittances are extremely late. But what if small and medium sized companies could insure their invoices, so payments were guaranteed? That's what the new insurtech company Hokodo seeks to do. Co-founded by Richard Thornton, an Oliver Wyman alumnus, Hokodo is a business-to-business company that allows its clients to ask their clients a very important question: "Would you like to receive a quote to protect this invoice against non-payment?"

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