This week, a Live Chat on insurers and remote claims, more details on the next in-person InsTech evening event and how you can ‘step up’ to challenge the InsTech London team for charity.
Click on the headlines for more information.
Growing the MGAs of the future - Podcast 185
Accelerant has enjoyed a rapid rise since 2018, providing insurance capacity, technology and investment to MGAs. Co-founder and CEO Jeff Radke joins Matthew to discuss how Accelerant has moved so quickly, running a global business remotely, and solving problems for specialty commercial underwriters.
Remote Claims Assessment: Challenges and Opportunities - 14 April, 2pm
Join Matthew Grant and Rebekah Bostan, InsTech London’s Director of Research and Insight, and speakers from Risk Information Inc. and Bdeo tomorrow as they discuss the findings from our next report, Remote Claims Assessment: The 40 companies to watch. The report is free for InsTech London members, while non-members can access an early bird discount by registering their interest before 19 April.
InsTech in London: All Sorts - An Evening of Insurtech Treats - 27 April, 5:30pm, CodeNode
Matthew and Robin will chat to Open and bolttech about their plans for the UK market and discuss some new developments at INSTANDA, Insurwave and Eigen Technologies. We’ll also be welcoming start-ups Kita, Claims Carbon, DA|X and Kayna to the InsTech London stage to find out more about their propositions, plans and needs.
By how much is the parametric insurance market growing every year?
Ahead of the next issue of our Parametric Post newsletter tomorrow, InsTech London’s Henry Gale has launched a poll asking how much the year-on-year growth is for global parametric insurance premiums. Have your say via the link below.
‘Step Up’ to take on the InsTech London team
We have signed up a team of 10 to join the Insurance Industry Charitable Foundation’s International Step Up Challenge, which takes place over four weeks from 25 April. We are planning to create a leaderboard for any of our member companies or friends that take part, so let us know if you’re signing up. If you are on our leaderboard and win, we'll double up our contribution to the IICF. Get your trainers on and sign up below.
Reports worth reading - Natural catastrophes in 2021: the floodgates are open
Fifty severe flood events around the world led to combined economic losses of $80 billion in 2021, but the insured losses totalled just $20 billion. Swiss Re’s latest Sigma research examines the global protection gap, the upward trend in flood event losses and how reinsurers can help to keep assets insurable.
Previsico partners with Watertight to boost flood resilience and mitigate losses
Flood resilience solutions provider Watertight will support the installation of Previsico’s IoT sensors, which notify clients if water has the potential to rise to possible flood risk levels. Find out more about Previsico in an interview with its Co-founder and COO, Dr Avi Baruch.
ICEYE partners with Fermat Capital Management
ICEYE is to provide insurance-linked securities (ILS) investment managers Fermat Capital Management with near real-time flood hazard data. It will also support its research and development of new potential use cases, including wildfire-related events.
Genasys Technologies to support digital transformation at Simplyhealth
Simplyhealth will move to a single policy platform, migrating over a million health plans from its current system to the Genasys SKi platform in a multi-year digital transformation project.
CyberCube to strengthen cyber underwriting at Cooper Gay
Managing General Agent Cooper Gay is to begin using CyberCube’s cyber risk analytics platform, Account Manager. The platform combines insurance data and analytics to assess individual cyber risks and a company’s cyber risk profile.
Guardian Group selects Sapiens
Insurer Guardian Group, which serves 21 countries across the Caribbean, is to integrate Sapiens’ customer acquisition solution for its life and health operations.