Six Things Newsletter | August 3, 2021

In this week's Six Things, Paul Carroll reviews the quarterly Willis Towers Watson report on insurtech. Plus, how infrastructure is reshaping insurtech; gaining an edge in commercial insurance; data breaches' impact on consumers; and more.

In this week's Six Things, Paul Carroll reviews the quarterly Willis Towers Watson report on insurtech. Plus, how infrastructure is reshaping insurtech; gaining an edge in commercial insurance; data breaches' impact on consumers; and more.

A New Phase for Insurtech

Paul Carroll, Editor-in-Chief of ITL

This will be a quick note this week because I’ve been on vacation with family and then moved my younger daughter out of her apartment now that she’s finished law school and taken the bar exam, but I still hope to leave you with something to ponder.

That would be the quarterly Willis Towers Watson report on insurtech, which is always interesting but which I think is especially important now because insurtech seems to be moving into a new phase.

As you can see in detail in the report, the winners and losers of the first big wave of insurtech seem to have become clear.

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SIX THINGS

How Infrastructure Is Reshaping Insurtech
by Andrew Wynn

Insurtech hasn’t focused enough on improving the digital infrastructure and tooling that carriers and distributors need.

Read More

Gaining an Edge in Commercial Insurance
by Sharmila Ray

The biggest insurtech opportunity lies in comparative rating for commercial insurance, following the progress in personal lines.

Read More

Impact of PTSD on Workers’ Comp Costs
by Bruce Spidell

States have been broadening or establishing eligibility for workers' comp benefits for PTSD, and COVID may accelerate the trend.

Read More

Data Breaches’ Impact on Consumers
by Paige Schaffer

While a singular data breach may not have an immediate effect on the consumer, each one chips away at the security of their identity.

Read More

The Need for Speed in Underwriting
by Jason Mandel

Driven by the need to slow or stop the spread of COVID-19, accelerated underwriting may save lives while increasing sales of life insurance.

Read More

How Synthetic Data Aids in Healthcare
by Artsiom Balabanau

Using synthetic data means important analysis and innovation can be done without associating particular people with their medical records.

Read More

MORE FROM ITL

AUGUST FOCUS: Cognitive Technologies
This month sponsored by Intellect SEEC

Cognitive computing is a funny beast. Every time you hit your target, you find that another pops up off in the distance.

When I first saw a demonstration of speech recognition, some 30 years ago, I was mightily impressed that the computer understood a few words. If I had seen what would be possible today, I’d have been stunned. But now? Oh, that’s just Siri or Alexa. And why didn’t auto-correct guess exactly what I wanted to say?

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Insurance Thought Leadership

Insurance Thought Leadership (ITL) delivers engaging, informative articles from our global network of thought leaders and decision makers. Their insights are transforming the insurance and risk management marketplace through knowledge sharing, big ideas on a wide variety of topics, and lessons learned through real-life applications of innovative technology.

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