The Elusive Sweet Spots In Insurtech Evolution

Hardly anyone would argue that change and innovation are not necessary in insurance. The $5 trillion global insurance industry is large, complex and capital intensive. With various relatively untapped market segments and under-penetrated world regions, the onset of PE/VC investments did herald the beginning of buoyant sentiment for more dramatic change and innovation than the […]

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An elephant will not forget…

All good things become other good things and as such will be my tenure at the Daily Fintech.  Seventeen months ago, I was welcomed to the blog’s author cohort by DF’s Managing Editor, Bernard Lunn.  In the ensuing period  I was a privileged author working with and conveying insurance and Insurtech news and goings-ons.  I’ll […]

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It’s easy being a successful innovator, if one can simply peer into the Black Box of Magical Solution

The last several months have given me more exposure to the machinations of innovative insurance ideas, details, and outcome to the point where one must wonder how there are hundreds of legit, active ideas making their way through incubators, plug and plays, sandboxes, sprints, tech fests, virtual pitches, and so on.  Insurance is a $5 […]

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Interesting view – watching the river of insurance news and much floats by…

News comes in torrents in the digital environment, even the traditional masthead periodicals are issuing multiple digital headline bulletins each day.  Same goes for insurance periodicals, blogs, and newsletters.  So, I sit by the digital rapids, trying to catch a few drops from the current.  This week’s article is a sample of the tastes I […]

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The insurance earth is flat. Digital conferences have helped prove that theory.

Being a last minute addition to two Digital Insurance Innovation Conference Africa 2020 panels has proven the Flat Earthers’ hypothesis- the earth is not a spherical barrier to virtual navigation, and taking the concept one step further, insurance innovation has loosed its bindings from its earthly coil and barriers raised by regulatory frontiers.   Patrick […]

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Is this how we will be seeing how the insurance industry is changing?

It’s not disruption, innovation, or reaction to pandemic that is prompting change in the insurance industry- it’s all of those and more.  Look at the news that comes in fire hose volume and force- Hippo raising $150 million for a $1.5 billion valuation as an MGA, Burn to Give continuing to build its social benefit […]

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An economic system with growing gaps and an upside-down model

Efi Pylarinou is the founder of Efi Pylarinou Advisory and a Fintech/Blockchain influencer – No.3 influencer in the finance sector by Refinitiv Global Social Media 2019. The interaction of Humans and Machines is becoming more core to my focus. Finance is an integral part of our socio-economic fabric and Artificial intelligence (in a very broad sense) […]

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Would an IPO by any other name taste as sweet as Lemonade?

The recent IPO (initial public offering of shares) by Lemonade Insurance was on its face not much different from any other- a filed S-1 that tells the company’s story, advises of potential risks, denotes which firms are acting as advisors or underwriters, provides historic and pro forma financials, and acts as an appetizer for the […]

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AI- hot water for insurance incumbents, or a relaxing spa?

The parable of the frog in the boiling water is well known- you know, if you put a frog into boiling water it will immediately jump out, but if you put the frog into tepid water and gradually increase the temperature of the water it will slowly boil to death.  It’s not true but it […]

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Life insurance in the digital age, well, digital/analog age

There’s good news for the life insurance market and there’s the same news- the market potential is dramatic, the product mix is profitable, customers understand the basic product pretty well, there’s not much for a carrier to do once a policy is sold, benefits aren’t paid for years, and there are clever folks coming up […]

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