Blockchains, expansions and transformations

Newsletter

It’s a busy end of the month here at InsTech, with 2 events and a report launch. Read on for details of how to register and the latest industry partnerships and product launches.

Property characteristics - new data for new challenges - Podcast 217

Matthew Grant was joined by Jacob Grob, the Chief Revenue Officer at Tensorflight. They discuss his personal experience with Hurricane Ian, some of the latest developments in providing property data and the challenges of social inflation pushing up costs, the “assignment of benefits” and how it impacts Florida and using data to make better decisions.

Happening tomorrow, 4:30pm at CodeNode: ESG reporting in 2023: Practical applications for managing and measuring carbon emissions

Join us tomorrow afternoon for our live event with S&P Global Market Intelligence where we’ll explore the latest approaches amongst insurers and providers of data and analytics to measure ESG exposure and carbon emissions. On stage with us will be speakers from World Benchmarking Alliance, Lloyd’s, Fidelis, Swiss Re, Convex Insurance, Gamma LI, Cactus and Ecologi.
   
Catch up now: Property Intelligence: the where and what

Our report ‘Property Intelligence - the where and what: 50+ companies to know’ was released yesterday - you can download it for free here. Catch up with our Live Chat now where Matthew and Ali discussed the latest developments in the area with Mark Varley, CEO, Addresscloud; Stu Cox, Senior Product Manager, Arturo; and Todd Rissel, CEO & Chairman, e2Value.

From Admin Systems to Ecosystems: Enhancing services through partnerships, 8 December, 2:00pm

To support the launch of our other InsTech report, ‘From Admin Systems to Ecosystems: Enhancing services through partnerships’, we held a Live Chat to discuss the distribution, underwriting, claims and innovation benefits that are evolving from the ecosystem model and the role that admin systems can play in providing and enhancing them. With Tim Hardcastle, CEO & Co-founder at INSTANDA; Andre Symes, Co-CEO at Genasys; Edward Kelly, Head of Credit Lines at AIG. 

Earnix 2022 global insurance trends

Earnix has released a report assessing market dynamics in the wake of the FCA’s clampdown on ‘price walking’ on home and motor policies. The report covers how the reforms are reshaping the general insurance market, the initial impacts on business’ pricing methodologies, buying behaviours and models for the future.

Chainlink’s blockchain oracle technology to be integrated with Shamba

Monitoring platform Shamba will use Chainlink’s technology to provide satellite data for parametric crop insurance in Africa, carbon credit markets and other ESG applications.

Gamma Location Intelligence expands into Spanish market

Gamma LI is expanding into international markets with its property risk assessment solutions. Gamma LI has used its Perilfinder platform to reveal Spanish provinces most at risk of flooding.

Phinsys to transform Signal Mutual’s financial function

Signal Mutual Indemnity Association Ltd. ("Signal") is implementing the Phinsys suite of finance and accounting products. The platform will enable Signal to integrate data from multiple systems into one scalable finance data warehouse.

esure Group chooses RightIndem as its digital claims technology platform

As part of esure Group's digital transformation programme, RightIndem will deliver a new cloud-enabled, open, API stack-compatible insurance technology platform. 

Making climate change science useable for risk managers, 23 November, 2:00pm

Join JBA Risk Management’s Live Chat today to learn about the potential impact of climate change on future flood risk, the science and validation that underpins JBA data and which tools might help to mitigate the challenges and build resilience. 

Novidea hires Matt Richards as Head of UK Delivery 

Matt has been hired to meet scale-up demand for Novidea’s end-to-end insurance platform - Coverage Doc.

WTW pilots trading platform with Liberty Specialty Markets and Markel Corporation

WTW has collaborated with Liberty Specialty Markets and Markel Corporation to launch the pilot phase of a new digital commercial insurance platform. It aims to improve connectivity between brokers and underwriters.

Canopius chooses Allphins for Treaty Energy exposure management

Allphins aims to reduce the time it takes for reinsurers to generate exposure scenario analyses. It ingests and aggregates information about portfolios to give users an enhanced understanding of their exposures.