Open Data insurance carriers: 5 Reasons to be an early-adopter
When we talk about innovators and early adopters we may think of developers using their binary wrist-watch or young people paying for everything with their latest iPhone model. But being an innovator is more than that, is about being open to change. Surprising or not, according to the Diffusion of innovations Theory by Everett Rogers, […]
Wenalyze finalist for the 2021 InsurTech Hartford Innovation Challenge
InsurTech Hartford’s annual Innovation Challenge celebrated its Awards Ceremony on June 17th. During the event, the winner was announced, and this time Wenalyze made it to be among the finalists for the category Best Emerging InsurTech of 2021. About the challenge: The Innovation Challenge is a contest designed to draw out ground-breaking ideas from entrepreneurs, […]
Wenalyze will participate at Commercial Lines Innovation USA
Roger Ferrandis, our COO and co-founder of Wenalyze will be participating at Commercial Lines Innovation USA Virtual (May 18 – 20) along with 1000+ attendees, 40+ speakers and 12+ hours of content (all available live and on demand). This event means a great opportunity to hear top-level commercial insurance experts debate how to kickstart digital […]
5 Benefits of the implementation of Insurtech
The fourth industrial revolution is here. Thanks to the constant development of Artificial Intelligence, new business models have been developing during the last years. Inside of the insurance sector, a sector that is well-known by its more traditional methods, this revolution comes from the hand of Insurtech, the technology that is designed to increase the efficiency and efficacy of […]
How the pandemic boosted innovation within the insurance industry
A new era During the past years, the insurance sector was already experiencing a timid evolution towards more digitalized process. However, the current situation and the pandemic are boosting a faster change. Also, it is important to take into consideration that clients are not looking for the same products anymore. Their lifestyle changed, and so do their needs. One […]
Insurance companies must start over
The insurance industry must not look back A report by Morgan Stanley and the Boston Consulting Group talks about the lack of efficiency as a major challenge for the insurance industry, noting that “sales processes remain ‘old’, cumbersome and inconsistent with the expectations of rapidly evolving clients compared to those being adopted by digital leaders […]
