Google Tanslate

Select Language

Sign up and be the first to know

About Hugh Terry & The Digital Insurer

Hugh Terry & The Digital Insurer Video

Contact Us

1 Scotts Road
#24-10 Shaw Centre
Singapore 228208

Write an article

Get in touch with the editor Martin Kornacki

email your ideas at [email protected]

Pre Registration Popup

itcasia2020 Registration Popup

Share Popup

Prime Member: Find out more

Access a unique programme!
  • 56 pre recorded lesson of online content from industry experts over 7 courses
  • The best in digital insurance for practitioners and by practtioners
  • Online MCQ after each lesson
  • Join the discussion forum and make new friends
  • Certificate upon completion to show your expertise and comitment
  • 3 months to complete
  • Normal price US$1,400 Your Prime member price is US$999
  • Access to future versions included in your Prime membership!
Become a member

Prime Member: Contact Us

Reach out to us. Please fill up the form below
Let us know how we can help. You can expect a response within 24 hours
Services of interest
Untitled

Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

Slice Labs – On-Demand Insurance for the On-Demand Economy

In Action Summary

The on-demand economy, whilst transforming traditional industries and improving consumer’s lives, has also left a grey area in the world of insurance. However, these services have also given rise to new risk forms. How does one insure Uber drivers whilst using their car to transport strangers, how does one insure his/her house when renting it out for the weekend? These new risks remain largely unserved by established insurers however smaller, nimbler startups have been quick to fill this void.

Enter Slice Labs. Slice is amongst a few startups who seek to address the daunting yet fast growing field of on demand risk management. The US company offers a new breed of insurance products designed for on-demand workers that is initiated on a transactional basis – i.e. when the driver starts driving, or when you rent your home.

However, Slice has gone beyond merely providing a product that meet the needs of today’s on-demand audience, they worked hard to gain full underwriting and claims authority. This means that they have a greater level of autonomy with regards to customer experience.

We redesigned the claims experience to one that we would want for ourselves – easy, transparent, intuitive and friction less” said Tim Attia, CEO of Slice.

Slice is based in New York and is currently licensed to sell insurance in 49 US states whilst also receiving and underwriting support from Munich Re.

Slice helps deliver claims experience which is easy, transparent, intuitive and friction less

Ultimately, Slice is a great example of a company identifying newly formed risks and addressing a market gap. Although the gross written premium from such products pales in comparison to the traditional auto insurance sector, these products provide a tantalizing glimpse into the future of on demand coverage.

References

Comments

Livefest 2019 Register Popup Event

Livefest 2019 Already Registered Popup Event

Livefest 2019 Join Live Logged-in Not Registered

Livefest 2019 Join Live Not Logged-in