How and when will tech giants like Amazon, Google, etc., enter the insurance industry?
ITC's Chairman and Co-founder on emerging 2019 trends
As we look forward to InsureTech Connect 2019, it’s worth considering just how good ITC 2018 was. Caribou Honig, Chairman and Co-Founder, InsureTech Connect caught up with Oliver Wyman Partner Matt Leonard to discuss the trends they saw emerging at the 2018 conference.
The CEO of Cover looks at the insurtech startup landscape
Hippo's CIO talks about the future of home insurance
Home insurance doesn't at first glance seem like the focus for 21st century technology advances. In fact, many home insurance policies were written in the 1960s and were designed to cover items now considered antiquated. "Like fur coats, pewter bowls, gold bullion, stock certificates, and even the maintenance of crypts,” laughs Richard McCathron, head of Hippo Insurance, in an interview with Oliver Wyman’s Paul Ricard at Insuretech Connect 2018 in Las Vegas this past fall.
Co-founder & CEO of PolicyMe on how insurtech can help consumers answer the big life insurance questions
Most people don’t have enough life insurance, especially if they are supporting a family. If they are lucky, their employer’s life insurance plan gives them the very basic minimum, maybe one or two times their annual salary. And while that may sound like a great deal, that money won’t last very long, especially because the family’s annual expenses won’t decrease significantly once the breadwinner dies and the family must live on a single income. But that still leaves the big questions unanswered: How much life insurance should someone buy? And what is the most appropriate form of life insurance, term or permanent life Insurance?
The world's largest insurance gathering
September 2019 is fast approaching and with it the opportunity to join the insurers, technology entrepreneurs, and investors who find ITC the most energizing and informative event of the year!
Chubb's Chief Digital Officer on building partnerships with insurtech companies
Chubb is the world's largest publicly traded property and casualty company and the largest commercial insurer in the U.S. That kind of market presence might encourage some companies to go it alone. But Chubb's Chief Digital Officer Sean Ringsted told Oliver Wyman's Matt Leonard at InsureTech Connect 2018 in Las Vegas that the insurance giant is looking for some good partners.
Oliver Wyman ITC 2018 Interview
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?"
The CEO of Groundspeed on unlocking the power of data.
There were dozens of insurtech companies in the exposition hall at Las Vegas’s MGM Grand Hotel, the locale for the Insuretech Connect 2018 conference sponsored by Oliver Wyman. Many of these new companies had great ideas that could potentially disrupt and transform the insurance industry.