Allianz is pursuing a raft of partnerships in which customer data is valued over traditional commercial metrics for a project, which in turn is impacting product design.
CoverWallet will need more capital to scale, drive deeper user engagement, and possibly enter new markets and new business lines.
Data-rich reinsurers are working with insurers and insurtech companies to transform actuarial work.
Insurtech's comparison dashboard for independent brokers is the first step.
Galileo Platforms, a fintech, says its blockchain will help insurers crack new markets at low cost.
The regional online portal should generate customer loyalty and therefore generate sales leads.