Interesting Insurance Initiatives from around the Globe – September 2017

Interesting Insurance Initiatives from around the Globe – September 2017

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Interesting Insurance Initiatives from around the Globe – September 2017

September 2017 saw insurers embracing the idea  of a socio-economic ecosystem built around the sharing of human, physical and intellectual resources, ‘the shared economy’, and seeking to capatilise on these associated new markets and revenue streams.  Furthermore insurers are increasingly leveraging new technologies such as blockchain on cloud solutions in order to deliver transparent, on-demand solutions for customers.

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September 2017 Theme: Instant Gratification

September 2017 Theme: Instant Gratification

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September 2017 Theme: Instant Gratification

The bigger the demand, the more solutions there will be. Innovative entrepreneurs are bringing the idea of an on-demand business model to insurance, and its shaking up the industry. Customers want it now, so in today’s technologically advanced world, why can’t they have it now?

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Interesting Insurance Initiatives from around the Globe – August 2017

Interesting Insurance Initiatives from around the Globe – August 2017

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Interesting Insurance Initiatives from around the Globe – August 2017

This August saw insurers latch onto the surging self-care trend to help chronic disease sufferers improve their health through greater integration of technology. What’s more, the insurance market is going through a massive transformation triggered by new customer demands and expectations, which generates new opportunities to apply and integrate innovative solutions, such as drones and Artificial Intelligence, to improve customer/employee experience.

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Interesting Insurance Initiatives from around the Globe – July 2017

Interesting Insurance Initiatives from around the Globe – July 2017

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Interesting Insurance Initiatives from around the Globe – July 2017

This July saw insurers leverage drones and revolutionise the data-gathering process, embrace digital technology to ease daily operations, and tap into consumers’ need for a one-stop solution to all their needs. What’s more, a new startup accelerator trend is taking hold in the insurance industry, turning startups into successful businesses, in return for technological knowhow.

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Interesting Insurance Initiatives from around the Globe – June 2017

Interesting Insurance Initiatives from around the Globe – June 2017

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Interesting Insurance Initiatives from around the Globe – June 2017
This June saw insurers targeting specific groups of people with specific needs often ignored by mainstream providers, as well as recognise the importance of developing their own on-demand platforms to facilitate instant gratification. What’s more, insures have increasingly become aware of the benefits new technology can play in improving the overall insurance environment.

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Interesting Insurance Initiatives from around the Globe – May 2017

Interesting Insurance Initiatives from around the Globe – May 2017

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Interesting Insurance Initiatives from around the Globe – May 2017

May 2017 saw insurers turn to big data to improve their customer intelligence and target their market audience. There was also an emphasis on the importance of digital reinvention to meet the needs of today’s new age consumers.

Another growing trend saw Insurers investing in insurtech startups to expand global digital capabilities and to optimise operations.

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