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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 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.

The Rise of the Robo-Insurer – Ninety Consulting Whitepaper

Article Synopsis :

Although robo-advisors have become an established part of the financial services industry, especially in the field of wealth management, their use in insurance is still early stages.

 The Digital Insurer reviews Ninety Consulting’s Report on The Rise of the Robo-Insurer

The rise of machines, done right, also means the rise of people 

Ninety Consulting’s whitepaper, “The Rise of the Robo-Insurer” covers the impacts and opportunities of robotics, drones and artificial intelligence and provides a futuristic view of the impact of robotic applications on the insurance industry. Highlights include:

  • Robotic Process Automation (RPA): Automating high-volume business processes and workflows. This often will result in replacing or augmenting human roles freeing people to focus on higher-value tasks.
  • Artificial Intelligence and Cognitive Computing (AI): Still at a very nascent stage of adoption. This has the potential to extract predictive value and recommendations from large, dynamic data sets.
  • Drones: In limited use, drones offer a range of significant opportunities such as gathering insights during claims processing or risk assessment and the ability to respond quickly during emergencies.

RPA and AI provide opportunities such as the deployment of an Intelligent Virtual Agency force, the automation of claims, streamlined customer contact, fraud detection and prevention and next-generation predictive data sources. Drones will help in areas such as improving productivity, accuracy and safety, fraud detection and quick response around catastrophes and natural disasters.  Business results achievable through all three classes of technologies include:

  1. New, integrated customer propositions.
  2. Service differentiation.
  3. Reduced operational costs.
  4. Reduced claims fraud.
  5. Improved risk modeling.
  6. Better loss ratios.
  7. Improved Combined Operating Ratio (COR).
  8. Decreased response times.

Insurers can leverage these by:

  • Implementing/roadmapping the automation of core processes
  • Testing/developing “smart agent” solutions
  • Experimenting with cognitive computing for underwriting and claims processes
  • Running trials with technology partners
  • Developing activity-appropriate technology stacks

The benefits will not have a neutral impact on existing workers and the potential changes need to be baked into the decision-making process to ensure a wholly positive outcome.

Link to Full Article:: click here

Digital Insurer's Comments

Robotic applications present a challenge for the insurance industry. Whereas the benefits–radically lower costs, faster decisions, automated real-time support—are extremely compelling the fear of worker displacement is a major factor.

Leadership is key, selling the organization on a brighter future with greater capabilities and higher-value, more rewarding work. The rise of the machines, done right, is also about the rise of people.

Link to Source:: click here


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