What is Expected in 2024 from the Insurance Sector?
It is evident that the insurance industry in 2024 will undergo significant transformations compared to the previous year. The introduction of emerging technologies such as artificial intelligence will continue to bring changes to the industry, offering opportunities to enhance customer service, reduce costs, and refine risk assessment. It is expected that more companies will leverage […]
SMEs, a Key Market for the Insurance Industry
Small and medium-sized enterprises (SMEs) are a key driver of any economy. In Spain, they represent 99.8% of the business fabric and generate 66.7% of employment, while in the UK, SMEs represent 99.9% of the business fabric and 61% of total employment. Therefore, it is essential that these companies have the right products and services […]
Wenalyze News: Incorporating Generative Artificial Intelligence as a New Data Source
At Wenalyze, we continue to work to improve our products and offer the best service to our customers, so we have incorporated Generative Artificial Intelligence as a new source of data, which has allowed us to incorporate an added value to our services. 1. What is Generative Artificial Intelligence? Generative Artificial Intelligence, also known as […]
An InsTech podcast with Wenalyze: Finding the risk, growing your premium income
We have exciting news to share! The new podcast from Instech, the fastest growing InsurTech innovation community, is now available, in which Matthew Grant (CEO of Instech) interviews our COO & Co-Founder Roger Ferrandis, to talk about Wenalyze and the important role of technology in the insurance sector to prevent risk. During the conversation, they […]
Corportate sustainability polls
Over the last months, we have been launching several corporate sustainability polls in our LinkedIn profile. The main objective of these polls was to get to know better the environmental factors that are taken into account nowadays inside companies. Here we present you an infographic that collects general information about the results of the data […]
What are the drivers of change inside the Insurance Sector?
The clients became digital, that means, they use technology in/for all different types of sectors. This fact makes them become more demanding when searching for the more adequate insurance product for their necessities. Also, as we already talked about, the new clients are used to fast, easy and innovative products. This is the reason why the insurance sector must […]
How to build a fast-quoting underwriting system
Wenalyze broadcasted a webinar last Thursday on how to build a fast-quoting underwriting system. Roger Ferrandis COO & Co-founder of Wenalyze explained the topics of the agenda . According to Ferrandis “fast-quoting underwriting system is becoming the latest solution to increase the efficiency in insurance underwriting”. During this webinar, he explained the points to take […]
Trends in the insurance sector
As we highlighted already in previous posts, we are walking towards a hyper-digitalized world in which environments of volatility, uncertainty, complexity and ambiguity (VUCA) lead the way. And unfortunately, those who do not get adapted to the changes, end up being forgotten. For this reason, today we are sharing with you 7 trends in the […]
We discussed about the insurance sector of the future in “El Mundo Que Viene”
“El mundo que viene” was organized by Banco Sabadell and Startup Valencia for Hub Empresas. On April 20th, Carlos Albo (CEO and founder at Wenalyze) participated in the monthly virtual event “El mundo que viene”, organized by BStartup of Banco Sabadell and Startup Valencia for Hub Empresa. In this case, the event was focused on […]
How can Open Data help commercial insurers improve their loss ratio?
During the last 3-4 years we have seen emerging data analytics startups in all industries including the insurance sector. Data analytics departments have been created or received investment and we have no doubt about the power of data. Quality and origin of the data are the most basic aspects to consider when working with any […]
