Sorry for the absence in posts…. I had a number of personal and business distractions. NYTimes: Are Genetic Testing Sites the New Social Networks? Finding new cousins and relatives has never been more fun. But finding a new father or mother? That may be interesting for some, unsettling for others. CNBC.com: 5 biggest risks of …
A new installment on the website, and hopefully a regular, is a roundup of some news on epigenetics and insurtech. There is a tremendous amount of activity in the fields of molecular biology and insurance, its challenging to keep up. So here is some recent news, curated for your enjoyment! AI-Enabled Wearable Tech Could Help …
The Wall Street Journal reported that the New York Department of Insurance sent a letter to insurers requesting more information about the evolving practices being used to underwrite and issue life insurance. The letter comes as life insurance companies have been grappling with how to get away from traditional methods of medical evidenced based …
New York Regulator Seeks Details From Life Insurers Using Algorithms to Issue Policies Read More »
Innovators take note of Spencer Lazar’s great article about the opportunities for disruption in the risk business. I just came across his article and really enjoyed the numbers and perspective. When you think of big market opportunities insurance is certainly one of them representing more than $1.3T in premiums in the U.S. alone. $1.3T in …
Incumbent Insurance Industry Ripe for Disruption Read More »
Is Sam Hodges right? Watch NOW The co–founder and U.S. Managing Director of Funding Circle was recently interviewed on the Asset Securitization Report where he stated that: Virtually every venture capitalist he knows is excited about insurance as the next BIG think within fintech… As Sam goes on to say its early to tell where …
Video: Insurance is the next BIG thing in Fintech Read More »
Pat Riley Knows! Sorry, its not Pat Riley the famed NBA coach, but Pat Rilley, 77, from in Ann Arbor, Michigan who found that she had inherited an ApoE4 gene that increases the risk of developing Alzheimer’s disease, and bought a long-term care policy in response. The New York Times article shows the flip-side of a …
The insurance professionals at PWC sure got some things correct in their March 2016 Top Issues InsurTech: A Golden Opportunity for Insurers to Innovate. The opening introductory line of PWC’s report was the best one: The insurance industry has remained much the same for more than 100 years… The reason the industry has not changed …
ThinkAdvisor recently published an article by Warren S. Hersch that explores the growth of insurtech and fintech disruption to the insurance industry. Read the full article below. S&P panelists: Insurance industry is ‘ripe for disruption’ Huge amounts of capital are flowing into insurance-focused technology companies. The dollars invested are matched by the stakes: opportunities to …
S&P panelists: Insurance industry is ‘ripe for disruption’ Read More »