Ruth Fisk’s Post

Exciting times ahead in InsurTech for H2 2024! Our very own David Howland, alongside other industry experts, dives deep into the regulatory challenges and digital shifts that are set to reshape the industry. Discover the key trends and what they mean for the future. Check out the full article here >> https://lnkd.in/eWF5QAMp FinTech Global #insurtech #insurance #innovation 

🌟 April 2024 Spotlight: Top Guest Insights 🌟 April 2024 brought thought-provoking perspectives from industry leaders, shedding light on critical trends shaping fintech, insurtech, and risk management. Here’s a snapshot of the top guest insights featured on Global FinTech Series: 💡 Ali Hamriti, CEO and Co-founder, Rollee Banks Need Fintech to Bridge the Gig Economy Data Gap Learn how fintech innovations are essential for closing the data gap and supporting the gig economy. 🔗 Read More - https://lnkd.in/dJBe5V23 💡 David Dowhan, Chief Product Officer, SavvyMoney Future-Proofing Finance with AI, Financial Wellness, and Fintech Partnerships Explore the transformative potential of AI in improving financial wellness and fostering fintech collaborations. 🔗 Read More - https://lnkd.in/dwayiTdh 💡 Santanu Agarwal, Deputy MD, Paisalo Digital Limited 2047 Vision of Insurance for All: A United Push for Health Insurance Coverage Discover how collaborative efforts can achieve universal health insurance coverage by 2047. 🔗 Read More - https://lnkd.in/d_GMHdC4 💡 Neha Batra, Risk Analyst & Underwriter, WRMS Global Parametric Insurance: Revolutionizing Traditional Insurance Models Uncover how parametric insurance is reshaping the traditional insurance landscape. 🔗 Read More - https://lnkd.in/gtB2i3hi 💡 Smita Pillai, Regional Vice President of Customer Success - EMEA, impact.com Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships Understand the importance of trust and brand safety in building lasting partnerships in financial services. 🔗 Read More - https://lnkd.in/gjfqFQ-q 📌 Stay informed with these expert insights and gain valuable knowledge for navigating the evolving fintech and insurtech landscapes. #FinTech #InsurTech #AI #RiskManagement #GigEconomy #GlobalFinTechSeries #RegTech #DigitalPayments #Innovation

‘Insurer Innovation and the Future of Fintech’ 🔮 This recent article from FinTech Magazine explores how insurtech and fintech innovations are transforming the insurance sector. From AI-driven risk assessments to seamless claims processing, the industry is rapidly evolving to enhance customer experiences and streamline operations. Parker Crockford, our CRO, shared his vision for the future of insurtech, highlighting how strategic collaborations and advanced tech are reshaping the industry, enhancing competitiveness and fostering a culture of continuous innovation. Check out the full article for more insights on the future of insurance 👉 https://lnkd.in/eWQiydMJ #Insurance #Fintech #Insurtech #AIclaims #EmbeddedInsurance

Insurtechs: A threat or a partner in innovation? 💭 They may have started as a potential threat, but they are now proving to be a source of inspiration. As noted by McKinsey, insurtechs are challenging traditional models and pushing incumbents to digitise faster and better. Here’s how: 🌟 Higher customer engagement: Insurtechs are transforming customer relationships through seamless digital experiences, and incumbents must follow suit to remain competitive. 📈 Targeting new value pools: Whether it’s peer-to-peer insurance or pay-as-you-go models, insurtechs are finding innovative ways to unlock growth. 🤖 Digital operating models: Freed from legacy systems, insurtechs are operating with agility, lowering costs and speeding up processes. But it’s not all about disruption. Many insurtechs are partnering with incumbents, offering digital solutions that improve the insurance value chain. The key? 🔑 Adaptation and collaboration. What are your thoughts on how insurtechs are reshaping the future of insurance? Let’s discuss!👇 #Insurance #InsurTech #Agile #DigitalAdoption #BusinessGrowth #Innovation #DigitalTransformation #Leadership #Tech #CustomerExperience #Market #Technology #FUSE

💡 A few key insights from our Insurtech article, "State of insurtech 2023: Finding Opportunities in the New Normal”: ✔️ In 2023, insurtech funding reached a five-year low of $4.9 billion ✔️ The bulk of it (54%) was invested in P&C insurance ✔️ Among all the FinTech verticals, Insurance had the second smallest year-over-year drop of 35% Read this insightful paper here: https://on.bcg.com/467NIw2 #insurance #insights #insurtech

According to the latest FIS Global Innovation Report: 📉 Half of insurance execs are concerned about financial and strategic risks 🦾 One-third see new technologies as a primary business strategy to address them, and a similar number see partnering with other businesses as primary 🚀 And maybe most importantly, 60% believe innovation will play a 'very significant' role, with TECHNOLOGY and CUSTOMER EXPERIENCE innovation being the most important areas to focus on. 😎 We see the innovation opportunity being part of a general move towards a 'predict and prevent' model and away from a 'react and respond' one. The Alana platform can help by turning homeowners into onsite property managers with the right information at the right time. Interested in learning more? Reach out to us and let's have a conversation info@alana.net Read the full report here: https://bit.ly/3ULahSj #predictandprevent #customerexperience #customerengagement #homeownersinsurance #claims #riskprevention

The collaboration between #fintech and #insurtech is reshaping the #insurance ecosystem. From smarter risk assessments to #predictiveanalytics, these two forces are making policies more accurate, efficient, and customer-focused. Together, they offer a future where #claims are processed faster, risks are better understood, and customer satisfaction is at an all-time high. Read more in the latest from InsurTech Digital. #Innovation #PropertyClaims #ClaimsManagement

The collaboration between #fintech and #insurtech is reshaping the #insurance ecosystem. From smarter risk assessments to #predictiveanalytics, these two forces are making policies more accurate, efficient, and customer-focused. Together, they offer a future where #claims are processed faster, risks are better understood, and customer satisfaction is at an all-time high. Read more in the latest from InsurTech Digital. #Innovation #PropertyClaims #ClaimsManagement

According to the latest FIS Global Innovation Report: 📉 Half of insurance execs are concerned about financial and strategic risks 🦾 One-third see new technologies as a primary business strategy to address them, and a similar number see partnering with other businesses as primary 🚀 And maybe most importantly, 60% believe innovation will play a 'very significant' role, with TECHNOLOGY and CUSTOMER EXPERIENCE innovation being the most important areas to focus on. 😎 We see the innovation opportunity being part of a general move towards a 'predict and prevent' model and away from a 'react and respond' one. The Alana platform can help by turning homeowners into onsite property managers with the right information at the right time. Interested in learning more? Reach out to us and let's have a conversation info@alana.net Read the full report here: https://bit.ly/3ULahSj #predictandprevent #customerexperience #customerengagement #homeownersinsurance #claims #riskprevention

Moving to automation can feel like a big jump. Still, it is dwarfed by the transformation it leads to - something InsurTech Digital highlighted in their latest article, '𝗦𝘄𝗶𝗻𝘁𝗼𝗻 𝗧𝗮𝗽𝘀 𝗔𝘂𝗿𝘂𝗺 𝘁𝗼 𝗦𝗹𝗮𝘀𝗵 𝗥𝗲𝗰𝗼𝗻𝗰𝗶𝗹𝗶𝗮𝘁𝗶𝗼𝗻 𝗧𝗶𝗺𝗲𝘀 𝗯𝘆 𝟵𝟳%'. Read the full story here - https://lnkd.in/e7_ZNrVJ - which also featured in Insurance Post, Insurtech Insights, and more. #insurtech #insurance #automation #fintech