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 […]
Embedded insurance: Definition, benefits and future
If you are a regular reader of Insurance and Insure tech news, you may notice everyone is talking about Embedded Insurance. In fact, according to InsTech London, the market of embedded insurance could be worth $722billion by 2030. Today, we are taking a closer look at this new insurance product: What is embedded insurance? Have […]
3 tech trends that are transforming the Insurance Industry
The insurance industry has been slow to adapt to technological innovations. Until now, the use of modern technologies in insurance companies has been limited mainly to claims processing and customer support. According to Deloitte, this lack of innovation in the Insurance sector implies an increase in customer churn. However, the entry of non-traditional players like […]
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, […]
Startups, a top market for insurers
2021 has been the year of entrepreneurship and, without a doubt, the pandemic has been a crucial factor in it. According to Techcrunch, the global startup market has raised an all-time high of 158 billion in the last quarter. Every day two startups evolve into unicorns. Considering this data is natural that investors are looking […]
Why Insurtech is reshaping the future of the Insurance Industry
The insurance sector is commonly known for its unchanging nature. Even so, and notably boosted by the pandemic, clients’ needs are changing and demanding more digital products. This is the reason why the industry is also being forced to go digital with insurtech. To meet the new needs of the customers, insurtech companies are of […]
The Future of Underwriting
Have you ever wondered how the future of underwriting is going to be? Probably, insurers will try to innovate to meet goals such as increasing process efficiency through digitalization. However, the industry started developing some steps towards digitalization. For example, 2 out of 3 insurance companies are already applying big data in their processes. As […]
Meet Pablo Macián: Global Partnership Director at Zurich
Today, we introduce you to Pablo Macián: Global Partnerships Director at Zurich. He has an outstanding career in the field of Corporate Insurance. Moreover, he is specialized in International Programs and Business Development across Life & General Insurance. Discover the tasks of someone with this role, the daily challenges of a Global Partnership Director, and […]
Is Open Data Reliable for Insurance?
Even if nowadays, more and more insurers implement Open Data technology in their underwriting processes. However, is Open Data reliable? This is the question that Roger Ferrandis, COO and Co-Founder at Wenalyze, asked the audience of our latest Webinar. During the webinar, Roger explained how Open Data works and how apart from being reliable, it […]
How our platform helps SMEs
In previous posts, we have already talked about our commitment to local small businesses after the covid-19 crisis along with #RetosVLC initiative of VLC Tech City and Valencia Activa of Valencia City Council. So today, we are going to explain how our platform helps SMEs. Thanks to our technology, we detect SMEs’ vulnerabilities to strengthen […]
