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Posts Tagged ‘Insurance’

The trend-naming fashion of capital letters in the middle of words continues. I believe those “InterCaps”—also known as “BumpyCaps” and “CamelCaps”—are mostly a marketing trick intended to make terms sound important. I find them annoying. The hot example of late is FinTech. Plus its close cousins, BankTech, InsurTech, and RegTech. They’re popping up everywhere, including […]

Feb 9th, 2016 | Filed under FinTech, Innovation, Insurance, IT, Market Trends

With just under a week to go until our event at The Magic Circle in London is on February 3 I though it worth reflecting on 2016 and the folly of predictions in today’s world. One of the key challenges for any organisation trying to respond to an unpredictable future is the hockey-stick graph or […]

Jan 28th, 2016 | Filed under Events, Innovation, Insurance, Market Trends

I thought this chart from the firm Statista was interesting and topical given my post from last week. What particularly caught my eye was their observation that IBM is number one for the 23rd straight year. In addition, over 2,000 of their patents focus on cloud computing and cognitive computing, both areas of particular interest […]

In previous blog posts regarding fintech in Latin America my position was, and remains, that one of the reasons for being behind is that it lacks of a “Silicon Valley” equivalent. Efforts to create a fintech ecosystem, as Finnovista is doing, become a good alternative to overcome the absence of a geographical pocket of innovation. […]

Dec 29th, 2015 | Filed under Emerging Markets, FinTech, Innovation, Insurance

The speed of technology change is presently both amazingly fast and disappointingly slow. This paradox arises from seemingly huge shifts in technology regularly occurring over the last decade and a half but slow realisation of these in industry. Of late I have personally felt that things aren’t moving quite as quickly as I expected. Since […]

Dec 23rd, 2015 | Filed under Events, Innovation, Insurance, Internet of Things

As a techy with long hair and a beard when I stand up and speak on technology an audience generally expects a futuristic view of the world and a call to action. Of late I’ve been more tempered in my view. Having talking about IoT, telematics and drones for five years now Armageddon hasn’t come, the […]

Dec 14th, 2015 | Filed under Events, Innovation, Internet of Things

Last Friday (and flowing into the weekend), I was privileged to take part as a mentor in the final selection process for the first “InsurTech” cohort of the StartupBootcamp’s accelerator programme targeted at the insurance industry. This programme claims to be one of the first specialist “InsurTech” accelerators to be run globally by an independent […]

The Internet of Things (IoT) has evolved and matured to a point where pilots and programs are already in place around the world for every major line of business: Auto, P&C, Life and Health. The most mature market unarguably is auto insurance in part because sensors have been in place for many years and the auto industry […]

Dec 1st, 2015 | Filed under Innovation, Insurance, Internet of Things

I have attended various conferences on innovation over the past few years. In almost all of them futurologists of all kinds and innovation experts who are invited to present tend to use the same examples, such as Uber and AirBnB, to describe how new business models can disrupt an industry. The message to insurers is […]

Oct 27th, 2015 | Filed under Innovation, Insurance

Celent will soon be publishing an update to our 2013 report Perceptions and Misconceptions of Big Data in Insurance. In this report we looked at various elements in relation to the role and perception of data in insurance to understand where the industry was in terms of adoption of data-related technologies and more particularly Big Data. […]

Oct 23rd, 2015 | Filed under Big Data, Insurance