InsurTech weekly 412 🔵 B2B InsurTech Has Never Been So Hot

My weekly #fgtrends

Hi all,

Here is your weekly selection of the three most engaging InsurTech articles shared this week.

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-Thanks for your support-

Everything you could learn on how (re-)insurers are already benefiting from AI technologies.

While the generative AI wave has not gone unnoticed, Financial Services are now pondering how this technology will truly impact the insurance value chain: will it lead to improvements or a disruption?

We have recently compiled a study that sheds light on the state of AI-based InsurTech startups in Europe. It covers the positioning and ratings of various players in the field, as well as in-depth exploration of the most promising use cases.

Explore in more details.

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-InsurTech weekly-

1️⃣ A VC perspective on InsurTech Europe

"What are you currently excited about in insurtech?" That's a question I often receive from incumbents and investors in the market. It's understandable, given the current quiet state of the VC market across industries. (…) There is much to be learned from what is still thriving in this ecosystem and what is being built for the future of insurance innovation.

>> Read more

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2️⃣ How AI could impact the future of work

Pretty much everyone in tech agrees that generative AI, Large Language Models and ChatGPT are a generational change in what we can do with software, and in what we can automate with software. There isn’t much agreement on anything else about LLMs - indeed, we’re still working out what the arguments are - but everyone agrees there’s a lot more automation coming, and entirely new kinds of automation. Automation means jobs, and people.

>> Read more

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3️⃣ AI-based personalization in FinTech

The era of hyper-personalization has hit financial services in a huge way. Last year, 18% of investment in fintech went into personalized financial management (…) Clearly, the secret is out: In use cases across financial services, deep learning recommender systems deliver a superior, one-to-one experience tailored to every customer’s specific needs and behavior — which ultimately helps financial institutions and fintechs win market share by acquiring customers more effectively while boosting loyalty and retention. 

>> Read more

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-About ‘my weekly fgtrends’-

I’ve been curating every week (since 2015), the most engaging content in InsurTech Europe.

The three article listed above were the most engaging in the past days. They deal with insurance technology, and more generally tech applied to Financial Services.

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-To go further-

🎧 Podcasts on recent InsurTech activities (in French)

🎙️ Interviews with European InsurTech CEO

📈 Live KPI on InsurTech investments in Europe

📝 Research on the European InsurTech market

📚 Archives of InsurTech Weekly