My weekly #fgtrends No.334
#InsurTech weekly
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1️⃣ EIOPA guidelines on embracing #AI in #InsurTech
Increasingly, insurance companies are embracing the benefits of technology with Artificial Intelligence (AI) emerging as a real differentiator. Its powers of analysing big datasets and automating processes in a way not possible for humans leads to significant advantages such as cost reductions and improved decision-making.
2️⃣ Back to basics on the #web3 opportunity and #DeFi
A lot of the promise of Web3 has yet to be properly implemented or even mapped out, so we’re really dealing with what’s potentially possible rather than what’s actually here.
3️⃣ The state of #OpenBanking in #FinTech
APIs per bank have shown a 17% increase, showing an expansion of API product propositions.
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📊 Our yearly analysis (here) of the European InsurTech activity in 2021.
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