Technology as Partner for Insurers: How to Use it to Drive Success
As the insurance sector continues to become more and more competitive, insurers are adjusting their technology investments. Additionally, traditional ways of doing business have changed and led toward digital processes. Hence, those companies that do not get adapted to the changes are meant to disappear. This is the reason why technology became more than a […]
Why are InsurTech gaining insurers’ trust?
Some insurance companies are more traditional and reluctant to change. However, the insurance industry is increasingly experiencing a digitization process. In this article, we will look at why insurtechs are gaining the trust of companies. 1. An interesting market for investors The insurtech market has been receiving capital over the last few years. According to […]
How to ensure Data Security in Commercial Lines Insurance
Last month, Google signed one of the biggest deals in data security: a $5.4 billion deal with Mandiant Inc. The shift towards remote working and the Rusia-Ukraine crisis make companies take a step ahead and protect their businesses. Therefore, the cybersecurity market expects to reach $352.25 billion by 2026. But, how to ensure Data Security […]
Cytora and Wenalyze partner to digitize and streamline core risk workflows
London, UK; 6th October 2022: Cytora, the digital risk processing platform, and Wenalyze, a leading Open Data and insights provider, have partnered to provide the commercial insurance industry with a more streamlined and informed understanding of risk. Through this partnership, insurers will now have the capability to automatically embed Wenalyze data and analytics insights within […]
5 Challenges to Sell Commercial Insurance Products
In a post-pandemic and recession scenario, the insurance industry is under intense pressure to prove itself accountable. As a result, commercial lines insurers and their innovation teams face unprecedented challenges to sell insurance products. In this article, we discuss five key risks for any insurance company that wants to sell nowadays. Keep reading! Face sharp […]
What is Bancassurance?
Between 2020 and 2025, the global insurance business will rise by $1.4 trillion because of innovation. Deep tech leads the way for new insurance products and takes the most out of them. For new insurance products, we can include the latest trends in Bancassurance. Even if the term bancassurance was born in the 80s, the […]
Interview Series – Roger Ferrandis, COO of Wenalyze
Today, we interview Roger Ferrandis, Chief Operations Officer & Co-founder of Wenalyze. With more than 8 years of experience, he shared with us his vision of the Insurance Sector and its future, and the power of Open Data. Discover it now! Could you tell us about your experience in the Insurance Sector? I started in […]
How to Build Successful Partnerships between Startups and Corporations
In previous entries, we discussed already how the InsurTech industry is growing fast. Moreover, its growth is evident in the B2B space as well. Partnerships between startups and corporations make them keep growing together. Many InsurTechs are serving insurers, but how do we ensure their partnership is successful? In this webinar, Valeria Jirón, CSM of […]
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, […]
We celebrated our 1st Wenalyze day!
During the latest months, we have been growing considerably. From closing our first seed round to hiring new workers for each department, etc. This progress made us think this was the perfect moment to launch something new: our 1st Wenalyze Day. What does it mean Wenalyze Day? Wenalyze Day is an initiative we developed to […]
