Six Things: March 1st, 2022

Breakthrough #Technologies for #2022. Plus, #insurtech's lasting role in insurance; a patient-centered approach to #claims; and more

six things header

 
 
 

Breakthrough Technologies for 2022

Paul Carroll, Editor-in-Chief of ITL

The MIT Technology Review's annual list of breakthrough technologies came out last week, and, as always, it's worth a look, both because of the general framing it offers about technology trends and because of some specific implications for insurance.

From an insurance standpoint, the two most directly relevant are what TR refers to as "the end of passwords" (yay!) and the growing availability of "synthetic" data to train AI in situations where there isn't enough real data available. But the other eight on the list of 10 are intriguing, too, especially for what they suggest about how we might be able to build on the technologies behind the mRNA vaccines against COVID to make additional, huge advances in healthcare.

continue reading >

New Research

Don't miss Majesco's annual consumer report to better understand how the insurance buyer sweet spot has shifted to Millennials and Gen Z and what emerging insurance trends are driving new opportunities.

Download Report
 

SIX THINGS
 

Lemonade: No Sign of Disruption Yet
by Matteo Carbone

For each dollar of premium, claims cost Lemonade 90 cents, marketing cost it 60 cents and other costs added 40 cents. Feel a little betrayed?

Read More

Insurtech's Lasting Role in Insurance
by David Fontain

Thousands of lines of insurance haven't been innovated in 30 years. With so much opportunity, it's time to think about insurtech as a permanent fixture in the larger ecosystem. 

Read More

How IT Savings Can Fund Innovation

Sponsored by Rimini Street

While IT infrastructure is a business necessity, aging IT systems can inflate expenses and limit the ability to spend on initiatives that will really move the needle for a business. In this webinar, we discuss how insurers can optimize their data centers and generate savings that can fund innovation, while improving security.

Read More
 

Auto Insurance in 2022: What to Expect
by Rochelle Thielen

2022 will look a lot like the second half of 2021, but opportunities are emerging for auto insurers to differentiate themselves, especially through telematics. 

Read More

Setting Record Straight on Auto Claims Severity
by John Kanet

While the assumption has been that higher repair costs for advanced driver assistance systems features offset ADAS loss-cost benefits, a new study finds significant benefits.

Read More

A Patient-Centered Approach to Claims
by Dwight Robertson

Properly applied, AI produces better medical outcomes, gets employees back to work faster, reduces litigation risk and lowers the costs associated with claims.

Read More

How to Achieve Cyber Resilience
by Rajeev Gupta

If an organization does not have a well-thought-out incident response plan with trusted and tested backups in place, a cyber attack can be devastating.

Read More

InsurTech Ohio Spotlight with Ron Rock

Sponsored by JobsOhio 

Ron Rock discusses how the insurance industry is rapidly evolving, and the importance of recruiting and retaining top software and programming talent. 

Read Now
 

MORE FROM ITL
 

February Focus: Blockchain

Sponsored by Gigaforce

While blockchain has been an intriguing topic for some time now, interest has skyrocketed in recent months. 

Facebook said late last year that it believes so much in the "metaverse" that it was changing its name to Meta. Microsoft followed quickly with its own vision of how technology could enable a whole new sort of world, where our selves are disembodied and our interactions occur via virtual reality. Venture capital firms such as Andreessen Horowitz are all over the investment opportunities in the metaverse, sometimes referred to as Web 3.0. And pundits are making bold proclamations about how life as we know it is about to change forever. 

Read More

Reconfiguring Your Approach to Underwriting 

Sponsored by Intellect SEEC

Learn how you can vastly increase the speed at which you deliver capabilities and new systems - cutting deployment times to hours or days, from weeks or months, while delivering a clear ROI.

Read Now

 
 

Partner with ITL to create expert thought leadership content.

Custom Content
Promoted Content
Display Advertising
Custom Webinars
Monthly Topic Sponsorships
ITL Partner Packages and more

Learn more and get the 2022 Media Kit
 
 

 

Insurance Thought Leadership

Profile picture for user Insurance Thought Leadership

Insurance Thought Leadership

Insurance Thought Leadership (ITL) delivers engaging, informative articles from our global network of thought leaders and decision makers. Their insights are transforming the insurance and risk management marketplace through knowledge sharing, big ideas on a wide variety of topics, and lessons learned through real-life applications of innovative technology.

We also connect our network of authors and readers in ways that help them uncover opportunities and that lead to innovation and strategic advantage.

MORE FROM THIS AUTHOR

Read More