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Future of Insurance

The CEO of Groundspeed on unlocking the power of data.

Groundspeed is a data analytics company that is tackling a problem faced by many property and causality brokers, carriers and managing general agents. Oliver Wyman’s Matt Leonard catches up with Jeff, on how Groundspeed is helping clients gain valuable insights about operations, pricing and market trends.

January 22, 2019

Interview: Richard McCathron

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.

The future is closer than ever.

The future is closer than ever.Innovation in insurance has more often come from the property & casualty side (for example, telematics in auto insurance). Partly because of the nature of the products, and perhaps also because of the age of company systems, life insurance has been slower to change. But change is definitely afoot.

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

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The Mayor of Hartford, CT on fostering insurance innovation

The Mayor of Hartford, CT on fostering insurance innovationHartford, Connecticut has a big insurance industry and its mayor Luke Bronin wants to keep it that way. That’s why he is attending Insurtech Connect 2018. “We’ve been home to many insurance companies for over a hundred years,” he said. Bronin is looking to connect with executives from big insurance companies, of course.

InsureTech Connect 2018 Presented by Oliver Wyman brought together over 5,500 leaders from startups, incumbents, investors, regulators and more. With participants representing 55 countries ITC has quickly become the world’s largest insurance industry gathering and the most efficient way to connect with the people who are changing the 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.

Out with the old, in with the new (products)?

Catching up with the Co-founder and CEO, InsureTech Connect

Oliver Wyman’s Prashanth Gangu sat down with InsureTech Connect CEO and co-founder Jay Weintraub as ITC 2018 got underway. With nearly 6,000 attendees from over 2000 companies, the event is a unique gathering of investors, tech entrepreneurs, and insurers. “There’s a magic that happens here,” Jay notes. “I believe it changes lives.”

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