Impact 25 Members update – October 2020
October 31, 2020
Our monthly update with news from our 75 InsurTech Impact 25 Members. Make sure to download our previous reports.
Company News
- Markel has selected Concirrus’ behaviour-based data analytics platform, Quest Marine (Link)
- RiskGenius has been acquired by Bold Penguin (Link)
- Akur8 has been awarded the ‘Insurtech of the Year’ award for 2020 by France Innovation (Link)
- Phinsys has recently launched Inform in response to growing insurer demand for enhanced finance data analytics (Link)
- Phinsys has been chosen by Chaucer to replace their legacy finance systems (Link)
- Phinsys provides Apollo with additional software tools for regulatory reporting, ledger integration and finance data analytics to complement existing products (Link)
- bsurance has developed a digital insurance solution for kika/Leiner’s furniture stores that enables customers to take out extended warranty insurance directly upon purchasing electrical appliances (Link)
- Cybercube: On October 15th Pascal Millaire and Admiral (ret.) Michael S. Rogers will be speaking at the Financial Times Live Summit alongside other insurance industry experts to discuss the best strategies to adapt and innovate in a rapidly changing digital environment (Link)
- Cytora has become an entirely remote-first organisation (Link)
- Snapsheet is working with Clearcover to provide a 13 minute payment turnaround for eligible claims (Link)
- Snapsheet has been selected by Getaround to provide its end-to-end digital claims management platform for carsharing convenience and accessibility (Link)
- Socotra have appointed Ken Holmes as Vice President of Sales (Link)
- Praedicat participated in Rand Corp Opioid Symposium (Link) and the ‘IN2RISK Virtual Conference: The Next Asbestos? BI threats from GOT & Obesogens’ (Link) and the ‘The Re/Insurance Lounge: COVID-19 litigation and threats’ (Link)
Content
- FRISS CEO Jeroen Morrenhof has been interviewed by Matthew Grant on the InsTech London podcast (Link)
- FloodFlash has released the FloodFlash Commercial Risk Report which analysed all commercial property across the UK (Link)
- INSTANDA has released a report called ‘The Insurance Disconnect: Bringing teams and customers closer together’ (Link)
- Hokodo have written a blog post called ‘The B2B Marketplace Report: Mapping the European B2B marketplace landscape’ (Link) and another called ‘Mum, why the f*** did I launch a B2B marketplace?’ (Link)
- FRISS have written a blog post called ‘Coronavirus, where are we now?’ (Link)
- Artificial have published their first whitepaper, ‘A buyer’s guide to choosing the right AI solution for commercial insurance’ (Link)
- Snapsheet have written an article called ‘Future-proofing the insurance industry: The Ohio National Financial Services payments transformation (Link)
Snapsheet founder Brad Weisberg spoke at InsureTechConnect to discuss the past 10 years of insurtech, and where the industry will go next (Link)
- Snapsheet were mentioned in two Forbes articles (Link and Link)
- Snapsheet have shared three industry ideals that can be achieved through digital payment adoption — automation, transparency and centralization (Link)
- Socotra have written a blog post called ‘Not all clouds are created equal: Five characteristics of a true-cloud platform’ (Link)
- Socotra have recorded a webinar with Nationwide called ‘How Nationwide launched a new insurance platform in months’ (Link)
- Praedicat have been mentioned in the Ukraine Business Journal (Link), Business Insider (Link), APCIA (Link), RIMS Risk Management Monitor (Link), AM Best review (Link) and Reuters (Link)
- Praedicat have written a blog post called ‘California legislators looking to ban the “Toxic Twenty” from cosmetics’ (Link) and another called ‘Makers and users of flame retardants sitting uncomfortably’ (Link)
- Concirrus have launched its new Beyond Covid: The Marine Insurance Resilience Blueprint, which shares unique insights from leading experts (Link)