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About Hugh Terry & The Digital Insurer

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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

FINNOVATING

Finnovating is a Matching as a service platform that enables X-Techs from all around the word to connect , collaborate and get the funding they need to grow from investors and corporations globally. The Finnovating platform is a space were the key players of the Tech industry can connect together easily and boost global Tech innovations.

SØNR

Sønr is the world’s most comprehensive source of innovation intelligence. It is a subscription platform used by some of the best known insurance companies globally.

It tracks millions of companies around the world and provides insight on the latest market trends, the startups and scaleups reshaping the industry, and intelligence on how other big insurers are innovating.

Sønr includes a suite of tools designed for teams to better collaborate and connect. From recording meetings to capturing and sharing Notes, to being able to track and share activity across the company using Watchlists and CRM boards.

The platform is backed up by a team of consultants, researchers and analysts who support clients in discovering and creating new business opportunities.

Aflac Corporate Ventures

In Action Summary

Supplemental insurance provider Aflac has announced the launch of Aflac Corporate Ventures, which will raise $100 million by 2020 to invest in early-stage companies developing products and software that will complement Aflac’s core business functions.

With an aim to support startups that are aligned to Aflac’s strategic focus in the US and Japan, Aflac Corporate Ventures will work with startup accelerators to identify potential targets for investment. Post investment, it will support its portfolio startups by fostering collaboration between startups, including digital solutions that enhance the customer experience.

Paul Amos, Aflac’s Global Operations said: “With a greater focus on the customer experience, we feel that it is vital that Aflac prioritises potential partners that will help us enhance the services and shareholder value, while building our future growth engine. By investing in companies that we see as vital to our core business, we will be positioned to innovate as these early-stage companies continue to mature.

One example of an Aflac Ventures investment is its Series A funding of NYC-based Wellthie – a startup that designs e-commerce solutions for insurers and brokers in medical and ancillary insurance lines.

Across the insurance value chain, traditional players are readying themselves for digital disruption instead of hiding behind their currently safeguarded models.

 

Register for Venturing: Fuelling Digital Innovation in Insurance webinar

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