Startup Solutions

Sumyag Data Sciences Pvt Ltd

Document Science is critical to Insurance where a lot of business information is embedded in documents and lost to the enterprise, we help our clients extract structure adn assimilate information from unstructured media and documents and through this critical stage, enable downstream use cases in customer management, policy - risk , actuarial and claims management

Stonestep AG

Stonestep makes services affordable for consumers via insurance and makes insurance easy to buy and use via mobile in emerging Asia. This makes insurance a good business for our distribution partners (mobile ops) and the emerging consumer segment a good business for insurers. Cornerstone is technology based on team's success building mass-/micro- businesses for AIG & Zurich (especially in LatAm).

Artivatic

Know-how platform to assist insurance coverage & healthcare companies for streamlining & automating buyer on-boarding journey & profiling, doc extraction & digitisation, digital behaviour, individual in-depth risk profiling, health profiling, behavioural underwriting, fraud, claims administration, self -reliant decisions with information, AI & ML.

Cyberboxer

We a products & consulting service platform for cyber risk aggregation modelling and insurance underwriting to solve the most difficult and important cyber risk challenges in insurance with world-class analytics.

Perilwise insuretech

We provide online, tech enabled solutions for corporate insurance. We provide immediate price discovery, online customisability, and a software dashboard to manage an organisation's insurance needs. we also provide API level solutions for certain niche insurance lines, such as marine cargo(transit insurance) and e-bike insurance, etc. as licensed brokers, we deal in all forms of corporate insurance. choosing us allows clients to make a decision faster(because of online customizability and price discovery), and manage all their insurance needs smoothly, at the click of a button

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Accenture has revealed the eighth cohort of its FinTech Innovation Lab London

Overview

Accenture has welcomed the eighth cohort of its FinTech Innovation Lab London, consisting of 20 fintech startups, per Fintech Finance.

Published Date :

07 January 2020

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Accelerating insurance innovation in the age of InsurTech

Overview

Insurance companies value modernizing systems, improving policyholder experience, and developing new products, platforms, and services. However, many insurers focus more on enhancing legacy systems than true innovation. This report explores what’s keeping insurers from innovating and how to view InsurTechs as innovation partners, not vendors to set the stage in becoming an insurer of the future.

Published Date :

18 December 2019

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Global InsurTech funding tops $3bn in 2018

Overview

InsurTech investment doubled between 2017 and 2018. More than $8.5bn was raised by InsurTech companies globally between 2014 and 2018, with 599 deals completed during the period.The number of transactions peaked at 151 in 2016, with over $1.4bn raised by InsurTech companies that year. Oscar, a New York-based health insurance provider, raised $400m of private equity funding at a $2.7bn valuation. This round, led by Fidelity Investments, was the largest InsurTech deal of 2016 and is the third largest InsurTech deal to date.

Published Date :

23 January 2019

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A Record $2.5B Went to U.S. Insurance Startup Deals Last Year, And Big Insurers Are In All The Way

Overview

Insurance policies are confusing as hell, but the basic business proposition is pretty simple. For policyholders, it’s a way to get paid if something bad happens. And for insurers, it’s a way to make money charging people who averted disasters.

Published Date :

04 April 2019

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Four Insurtech Startups Shaking Up The Insurance Industry

Overview

Insurance is one of the oldest and most traditional industries and until recently it has proved fairly resistant to change. In the last few years growing numbers of tech startups have emerged and started to encroach on the territory of the big players. U.K. insurtech in particular has seen a surge in activity and a sharp increase in fundraising. Last year it attracted $1.7 billion in investment.

Published Date :

09 June 2019

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Unusual Insurance: How startups are changing the insurance game

Overview

A number of tech startups are selling micro insurance covers — for broken spectacles and a missed flight. A slew of startup insurance companies, mostly selling online to keep costs low, are trying to sell micro insurance products, promising low premiums and rapid settlement. Often working with larger insurers, they try to sell to a small demographic segment of affluent, digitally savvy customers in India where insurance penetration is among the lowest in the world.

Published Date :

20 October 2019

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Insurtech Research Report: The trends & technologies allowing insurance startups to compete

Overview

Tech-driven disruption in the insurance industry continues continues at pace, and we're now entering a new phase - the adaptation of underlying business models

Published Date :

19 December 2019

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