FintechOS and Wenalyze partner on risk analysis & digital capabilities for insurers
The partnership betwrrn Wenalyze and FintechOS enables insurers to understand customer risk profiles better, price policies more accurately, and create more personalized and relevant insurance products. Wenalyze, the leading provider of Open Data analytics software for the SME insurance industry, and FintechOS, the leading fintech enablement platform, today announced a new partnership that will provide […]
How Open Data is Transforming Commercial Insurance
The commercial insurance industry is in the spotlight and the use of open data analytics will be a determining factor for its future success. In this blog post, we will discuss 3 key points on how new technologies are influencing the sector. Traditional risk assessment is not enough anymore As we mentioned already, the economy […]
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 […]
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 […]
Why do we need a technological transformation inside the insurance sector
The insurance sector is known for its invariable services. Since its origins, it has been always offering the same: insurance products that satisfied certain needs. But, what about now? As we have already discussed in previous entries, we are living in the digital era but, to which extent do we need to apply the technological transformation inside the insurance sector? Today we will […]
Commercial insurance post-COVID
Commercial insurance post-COVID It is true that the creation of insurance products has always been based on the analysis of the historical data available to the institutions, which is why the underwriting departments require old data in order to make changes in coverage or launch new products The reality that we are experiencing these days […]
