ARMD Co-founder and CEO Devin Chawda joins Matthew on this week’s podcast to discuss building his second company during Covid lockdowns, selling embedded insurance and gathering sensor data to assess risk and pricing.
The next InsTech report, Climate Change Risk Regulation and Measurement: 22 companies to know, will be available from 9am on 24 February. Join Matthew, Convex, Fathom, Reask and InsTech’s Ali Smedley in a Live Chat at 2pm to discuss the report’s findings and impacts for insurance.
InsTech in London: Collaborate to Compete - The Benefits of Ecosystems and Partnerships - 2 March, 5:30pm
Some of the best innovation comes from collaboration, but how is it done well without compromising competitive advantage? Join us for our next evening event live at CodeNode to hear real-life examples from sponsors Verisk, Beazley, Liberty Specialty Markets, Arch, Ascot, Swiss Re, Supercede and Claim Technology.
Wondering what innovation areas and opportunities insurers really care about? We surveyed 150 of the companies we are working with to find out what their focus areas are for the next 12-18 months.
InsTech’s Tara Allsopp speaks to Director of Technology Tom Burroughs about Synergy Cloud’s products, partnerships and the technologies that he believes are changing the remote claims space.
The new scorecard will allow Chaucer to measure a client company’s Environmental, Social and Governance (ESG) performance and understand their risk from a stakeholder and enterprise perspective. The output is produced using 158 different metrics, including risk data from Chaucer and risk modelling capabilities from Moody’s, recently enhanced by RMS.
Global geospatial data provider SafeGraph examines how using location data can improve risk modelling for general liability, co-tenancy, usage-based and health insurance, and create meaningful customer value.
Gaia uses clinical data to predict the number of IVF rounds a couple will need and provides an insurance product that means those who are not successful pay a fraction of the treatment cost. On Monday it announced both the closing of a $20 million Series A funding round led by Atomico and the official launch of the product itself with capacity provided by Beazley, Chaucer and Atrium.
The next cohort is open to start-ups, scale-ups, or entrepreneurs addressing challenges around decarbonisation & climate change, supply chain, data & models, and claims operational efficiency and customer experience. Cohort 8 also includes a Wildcard for new products that don’t fit into the themes above.
The new VESCOR partnership will offer securitised notes to allow investors to take on the risk and returns of a group of insurance policies, with the risk modelling managed by Vesttoo’s AI technology.
Consultants from Business Agility are to help Endava bolster its insurance sector capabilities, with the two companies focusing on implementing software solutions and driving cloud transformation opportunities. Read more about Endava in our interview with SVP Kevin Crawford.
INSTANDA has enabled Wellx to launch an end-to-end digital health insurance product for individuals, families and SMEs in the UAE. The new product uses real-time activity and wellness data to incentivise healthy behaviours and personalise insurance premiums.