As the J.V. with Tencent and Hillhouse wins regulatory approval, Aviva’s Andries Smit explains the operations behind the ambition.
Insurance brokers are extending comparison tools into full-service platforms – with overseas expansion in mind.
But in limited situations, as shown by Lombard Odier’s purchase of a securitized insurance contract originated over a private blockchain.
The Shenzhen-based company, which manages insurance agent networks for Chinese carriers, is using technology to reinvent the business model – and go IPO.
The insurance industry is keen to sell cyber cover to fintechs in Asia, but selling protection against hackers can be a risky business.
Tomasz Kurczyk, head of digital transformation, says new API strategy in place in Singapore to overhaul insurance business.
Fei Zhang of B3i founding member Allianz says the consortium will transform into a company as it puts debut products into production.
Insurtech is working with AIA and American Family to create a network of insurer data that fuels an A.I.-led reimaging of the industry.
Aviva Digital sees the advice-driven model of selling investments is experiencing a resurgence.
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.