Impact 25 Member update – May 2020

May 31, 2020 Eden Grusd

Our May update from our 75 InsurTech Impact 25 Members. To download previous reports, click here.

Company news

• Praedicat are developing 12 initial COVID-19 realistic disaster scenarios to help clients manage their exposures, and providing insights for reserving, underwriting, and aggregation management. Link
• Praedicat have a new model release (Link) and a new underwriting workflow functionality (Link)
• Carpe Data have partnered with Zurich to automate and accelerate Zurich’s claims processes (Link)
• Carpe Data have been nominated for a British Insurance Award. (Link)
• Laka has expanded their leadership team with a VP Marketing and Growth Director. (Link)
• Ottonova are working on a Corona Travel app to enable travelling in times of coronavirus, based on a standardized cloud collaboration platform. (Link)
• RoadtoHealth have developed a smartphone app to help organisations safely manage return to work through COVID-19, and help individuals manage personal health risks. (Link)
• Bikmo have completed their £1.8M Series A investment round. (Link)
• KASKO has teamed up with Signal Iduna to create a legal protection product to help businesses affected by Covid-19 (Link) and has also teamed up with Vivium to build a bike insurance product (Link)

Content

• FRISS have written a blog post called ‘Insurance fraud in times of crisis’. Link
• Tractable’s Head of Automotive and the Chief Claims Officers of All State, Liberty Mutual, and USAA discuss touchless claims on a webinar. Link
• Akur8 have written an article on how to use AI in insurance pricing with full transparency and auditability, as required by regulators. (Link)
• Laka have written two blog posts about cycling to work (Link and Link)
• Atidot have written an article called ‘Better With Age: Predicting mortality for post-level term insurance’. (Link)
• Concirrus have written several blog posts: ‘Integrating new technologies into existing infrastructure’ (Link), ‘How does a global pandemic impact shipping behaviour?’ (Link) and ‘How has COVID-19 caused risk aggregations in the Caribbean, and what happens next?’ (Link)
• bsurance have released a webinar with guest speakers from Exton Consulting and TeamBank called ‘How is digitalization changing bancassurance?’ (Link)
• KASKO have contributed to an article on inefficient networks for distribution (Link)

Make sure to read our April InsurTech Impact 25 update.