I've been in Insurtech for over 25 years, having grown world leading analytical businesses for the insurance industry from the early stages to mature and highly successful companies.I introduced catastrophe modelling to the European insurance industry, built an outstanding global sales and marketing teams and created innovative products that drove in excess of 10% year on year revenue growth for much of this time.During this period I have had the pleasure of working with many tremendous people. Together we built some highly successful products and achieved some great results - and we managed to have some fun along the way. The explosive growth in the last couple of years in the number of companies that see opportunities to enhance, expand and disrupt the insurance market - the insurtech space is incredible, but also potentially confusing and distracting.Abernite has been launched this year as the first step towards providing guidance to technology companies and the insurers, and other interested third parties that are navigating this space. Relationships and clients are in place with companies and organisations across the full insurance/technology value chain including research institutions, start ups, data providers, analytical platforms, incubators, innovation hubs, insurance organisation, consultants, microfinance, brokers, insurers and reinsurers. Mentoring and Angel Investment involvement includes: StartupBootCamp, Cambridge Enterprise, Angel's Den and Entreperneurs First
The use of parables has been used since biblical times to explain strange phenomena and miraculous events. With the benefit of many years...
Much of the focus in Insurtech over the last few years has been on companies that are starting from scratch and bringing new technology...
I posed this question at the end of September this year - somewhat provocatively.
Almost everyone agrees Cyber Insurance is both important...
Excellent article from Tim Harford at the FT explaining that the biggest problem companies face when trying to exploit new innovations is...
With insurers still struggling to get quality data about the properties they are insuring, expect to see a small handful of companies...
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