Fintech Insurance

How Fintech is Revolutionizing the Insurance Sector (Naveen Joshi, bbntimes.com)

Insurance companies are leveraging the benefits of the fintech revolution in insurance to address pain points in providing better, secured, and personalized customer services. Ever since the insurance sector has come into existence, people are insuring everything from gadgets to their health and lives. The increase in the range of products and services to insure […]

Insurance Open Insurance

Is “Open Insurance” the next Uber of the industry? (innopay.com)

As every interaction becomes a transaction, Open Insurance or API (B2B2C) insurance is being labelled to bank in on this trend. Although that sounds amazing, the term still lacks a good definition to provide meaningful guidance for insurance companies. To get more clarity INNOPAY has defined 7 Open Insurance roles for the industry. Insurers should […]

Insurance Open Finance

Transforming the insurance sector to an Open API Ecosystem (Jori Lochy, finextra.com)

Below is a snippet from the article, which is quite involved and worth a careful read. The full article is at  https://www.finextra.com/blogposting/18255/transforming-the-insurance-sector-to-an-open-api-ecosystem Impacts on the Insurance industry The insurance landscape is undergoing its most fundamental transformation in decades, driven by the fast digitalisation in the sector. Just like the entertainment, media and retail industry, the […]