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Credit Karma Unveils New Auto Insurance Solution at ITC 2018

An ongoing theme at InsureTech Connect 2018 (ITC18) was finding a customer need and delivering a customer-based solution. ITC18 went beyond mere discussion from the outset as attendees of Credit Karma founder and CEO Kenneth Lin’s keynote “Karma in Insurance” discovered.

MMC President & CEO on technology and change across the insurance industry

John Drzik on understanding where to use insurtech as a business accelerant

In the second content discussion at ITC 2018 to feature contributions from Marsh, John Drzik, President Global Risk and Digital, presented the broker point of view in a lively discussion of where legacy processes and systems fit into the fast-changing world of insurtech.

Rick Chavez keynote kicks off a day of rich discussion

With over 200 speakers across 2 days there’s no shortage of ideas at the world’s largest gathering of entrepreneurs, insurers, and investors. We’re sending out teams of colleagues to cover the rich discussions taking place across the conference. Here are some of the high points from DAY 1 of ITC 2018.

Oliver Wyman's Rick Chavez on Meeting Mega-Disruptions in Insurance

Flashing blue disco lights, pop music, a half dozen very large TV screens, and thousands of people. Sound like insurance? It’s insurance disrupted. This morning at ITC 2018 Rick Chavez, Oliver Wyman partner and the head of the America’s Digital Strategy Acceleration Practice gave a keynote describing the opportunities for legacy insurers trying to transform their business.

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September 06, 2018

InsurTech Industry Survey

What's your perspective?

Oliver Wyman will once again be the presenting sponsor for InsureTech Connect, the world’s largest InsurTech gathering of entrepreneurs, investors, insurance executives, and risk managers taking place October 2-3, 2018 at the MGM Grand in Las Vegas.

The move to complex problem solving with data, analytics, and AI

In these excerpts from Oliver Wyman’s sister company Celent, Craig Beattie, Nicolas Michellod and Zao Wu provide a compelling overview of the kinds of problems AI (artificial intelligence) is being used to tackle in insurance.

What are the implications of a blend of digital and human capabilities?

The recent report from Oliver Wyman and the Chartered Insurance Institute (CII), “The Underwriter of the Future Six Years On,” makes clear that in many areas of corporate and commercial insurance, much of the current “artisan” business model will get a “bionic upgrade” – not 100% machine, but an inseparable blend of digital technology and human capabilities.

Thoughts on strategic partnerships, better utilizing data to assess commercial risks, and cyber risk

One year into his role as CEO and President of AGCS, Bill Scaldaferri has a busy agenda when it comes to proactively tackling the evolving nature of risk. Having recently announced a groundbreaking strategic partnership with Cisco, Aon and Apple, he believes AGCS is offering an innovative approach to dealing with cyber risk.

Moving beyond doing more with less to doing more . . . better

Faced with tightening economics and increased competitive uncertainty, many large insurance enterprises have used operational excellence programs to closely monitor and improve all areas of performance. But efficiency – doing more with less – is not enough anymore. The goal now is operational excellence.

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