A new perspective on an old-established industry. Find latest report, news and information about startups and innovations in the insurance industry, with a focus on best #insurtech initiatives and venture capital investments
Hello and welcome to your weekly Insurance and Insurtech digest. This week we have 8 resources you shouldn’t miss.
From a value chain model to a constant flow network. Probably, one of the changes that the insurance industry will experiment in the upcoming years is the fact that companies are transforming the way they interact with their customers.
Insurance technology has evolved over four ‘ages’ from the Record-Keeping Age from the 1980s through to the modern-day Platform Age. At a macro level you could argue that the insurance industry is making the transition from the Digital Age to the Platform Age. Although examples can still be found of companies that remain in earlier ages – for example, small owner-managed local brokers.
By Miles, the car insurance startup offering pay-per-mile insurance underwritten by AXA, has raised £15 million in a Series B round led by CommerzVentures, the venture capital arm of Commerzbank Group.