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image If 40% of the U.S. and EU business owners do not have property and liability insurance, and 70+ % are underinsured, and the existing market is already more than US $60 billion in premiums, is there not an opportunity for growing the commercial line business, particularly for small and medium size enterprises (SMEs)? Of […]
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Image Take a US $8 billion dollar insurance business that serves more than 7 million customers annually regarding residential real estate assets valued at more than US $5 trillion, that’s working in a regulated, politically hyped environment and one might see opportunity for innovation. Throw in significant exposure to regional wildfires and urban area earthquakes, […]
The post Wildfires and disasters- ecosystem opportunity to leverage InsurTech and innovation appeared first on Daily Fintech.
Image Take a US $8 billion dollar insurance business that serves more than 7 million customers annually regarding residential real estate assets valued at more than US $5 trillion, that’s working in a regulated, politically hyped environment and one might see opportunity for innovation. Throw in significant exposure to regional wildfires and urban area earthquakes, […]
The post Wildfires and disasters- terribly good opportunity to leverage InsurTech and innovation appeared first on Daily Fintech.
Economic game theory has resided at the core of insurance underwriting for some time but might be losing its luster through the advent of price aggregators. ‘Gamification’ through behavioral economics is gaining traction concurrently in the industry, that is, devising schemes to engage insureds more often with their policy than simply at annual renewal. More […]
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“Welcome to the Daily Fintech membership service with ready access to our original and independent fintech insights, all produced by our multi-industry fintech experts with only our readers in mind.”- Daily Fintech CEO, Bernard Lunn Today we are launching our paid membership service. Daily Fintech has been built on a passion for fintech plus a […]
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Announcing Scheduled maintenance down time tomorrow at 10am CET We are working on something new that will be announced at noon CET on Tuesday 17th September 2019.This requires us to shut down the site for two hours before from 10am-12 CET. You can still read posts in email
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A person has three choices in life. You can swim against the tide and get exhausted, or you can tread water and let the tide sweep you away, or you can swim with the tide, and let it take you where it wants you to go. source Clever words for one’s life path, perhaps […]
The post On the tides of insurance innovation appeared first on Daily Fintech.
Image TLDR It wasn’t that long ago that production and retail inventories were gauged by the space available in which to store the supplies/goods. Then some smart people determined that in a well-managed, lean operation inventory could be obtained upon instant need, and thus Just in Time (JIT) Inventory principles were developed. Is the […]
The post Just in Time insurance- only what you need, when you need it appeared first on Daily Fintech.