Sabine VanderLinden

Autumn Budget 2024 highlights important changes affecting the UK insurtech and tech sectors. While the budget doesn't specifically name "insurtech," its focus on technology innovation and regulatory updates has implications for the industry. 👀 🧐 Enhanced R&D Support: The government reinforced its commitment to R&D with £20.4 billion investment, new proof-of-concept funds, and specific funding for life sciences and manufacturing sectors. This could encourage insurance innovation using technologies like AI and data analytics. ​ Tax Reforms: Adjustments in capital gains and inheritance tax, along with the abolition of non-domiciled tax statuses, may impact high-net-worth individuals investing in tech-driven sectors, including insurtech​. Scale-Up Support: Continued funding for the British Business Bank and focus on female entrepreneurs may help startups, including insurtech firms, access capital and grow​th. https://lnkd.in/e6tW2sUH #insurtech #insurance #autumnbudget #technology #insuranceindustry

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Insurance leaders agree: Moving beyond disconnected systems is critical for integrating complex data and driving efficiency. Discover the benefits of transformation in this IDC whitepaper: https://w.day/3Zc1uMp

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In today’s ever-evolving hail landscape, insurers need a complete view of risk to make strategic selection and pricing decisions. Hail Risk 2024: An Interactive Guide for Insurers offers an immersive experience equipped with interactive videos and imagery to bring hail risk insights and data to life. In this guide you will find:  - Expert commentary - Details on hail impact - Steps to refine the underwriting process - Case studies Download your copy here: https://bit.ly/3KDIY7N #hail #insurance #severeconvectivestorms #ZestyAI 

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This innovative approach by insurers in offering a core product that can be uniquely branded by agencies and brokerages, and distributed through personalised pages of sales agents, is truly setting a new standard in market reach and customer-centricity. By embracing technology and adapting to the changing landscape of the industry, these insurers are paving the way for a more efficient and customer-focused experience. With this majestic approach, we can only expect to see continued growth and success for both insurers and their clients in the future. #insuranceindustry #insurtech #insurancebroker #insuranceagents

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Group Solvency II SFCRs are due on 19 May. Here is a preview of 77 group SCR ratios processed by Solvency II Wire Data. https://lnkd.in/ejscMTuS #solvencyII #insurance #SFCR

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In case you missed it, Honeycomb's CEO, Itai Ben-Zaken sat down with David Bull of The Insurer to talk about how Honeycomb is transforming insurance with AI-driven risk selection, offering tailored coverage where others see “no-go” zones. Learn how a data-focused approach has delivered a 30% loss ratio in multifamily properties and is now expanding into new markets. Read the full article: https://hubs.ly/Q02ZF4BD0

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Join us at The AI Actuary 2024 Virtual Summit for an enlightening session by our very own, Frederik Bisbjerg, Deputy CEO of eData Information Management. Discover how AI is transforming actuarial science, from risk assessment to customer service. What Actuaries Will Learn: - The Future of Insurance - Advanced AI Techniques - AI-Driven Pricing Models - Practical Steps to Getting Started Don't miss out! Secure your spot now at www.ai.proactuary.com and master tomorrow's tools today. See you at the summit! #Actuary #AI #InsuranceTech #DigitalTransformation #InsurTech #InsuranceInnovation #DigitalStrategy #InsuranceIndustry

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In our business, longevity and morbidity are things that factor when pricing products. While we don’t think the actuaries go as granular as season of birth this is certainly an interesting fact! It’s from a study in the Journal of Aging Research which found that babies born during the autumn months are more likely to live to 100 than those born during the rest of the year. #financialequalityservices #straightforward #jargonfree #fullyinclusive #financialadvice #ad

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Daily Perplexity. This is all generated... however preplexity uses web scraping to collect information that we wrote together and this just happens to be a summary with citations which may be useful to people new to the guild. It's almost like having an assistant or an assistant researcher helping put together things like this. It's just a small lens and others can use perplexity as a front door to the guild you can even use this post as a prompt because it's been designed to be such #greyswanguild #appliedAI Using the rest of this post do a deep dive on other things Guild using the links below // add in more information and tags based on additional interests that you might have// So Meta. -- We love that the AI captured and linked Jennifer He 's article about the beginning of the Guild in her first experiences there. She is a producer and will always be a golden swan. It also captured another golden swan Fritz in the work that we did with Scott Phares Who helped us produce Leap Day of the Swan back in February this year. 💛🦢It Takes a village: -perplexity.ai 🧠🤖🦾 What inspired Rob Tyrie and Co to start the Grey Swan Guild? Rob Tyrie was inspired to help start the Grey Swan Guild in response to the challenges and uncertainties brought about by the COVID-19 pandemic. The Guild was founded as a collaborative global community aimed at making sense of the world's biggest challenges, particularly those that are unexpected and have widespread impact, termed as "Grey Swan" events. The idea was to create a think tank and advisory organization that could provide insights and strategies to navigate these complex situations[1][2][5]. The Guild's mission is to provoke thought, inspire action, and invite contributions from a diverse range of experts to address societal, cultural, economic, and technological challenges. By fostering a community of sense-makers, the Grey Swan Guild seeks to offer evidence-based insights and foster collaborative solutions that can drive positive change across various sectors[2][5]. Citations: [1] Leap Day of the Swan Press Release - Grey Swan Guild https://lnkd.in/g5j7wSPp [2] Editorial standards | Grey Swan Guild https://lnkd.in/g8xtFAHf [3] Day of the Swan III https://lnkd.in/gz4J4Mmf [4] Day of the Swan 2022 - Grey Swan Guild https://lnkd.in/gdHPrQwz [5] 2020: The Birth of Grey Swan Guild https://lnkd.in/gz-pkaE3 [6] Rob Tyrie - Coherent | LinkedIn https://lnkd.in/gm8far7G [7] GSG NEWS WRAP - Grey Swan Guild https://lnkd.in/gF_kGfnV [8] Transformation in Insurance through Gen AI: Conversations with Rob Tyrie https://lnkd.in/gTfaepyf

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☂️📢💡 Today (09:00 ET | 14:00 BST) join InsuranceERM and Milliman for a webinar that will examine a range of issues and provide insight to help improve actuarial modelling. 𝗧𝗼𝗽𝗶𝗰𝘀 𝘁𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝗯𝗲 𝗰𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: ✅ Which of the programming languages is the fastest? To run? To code? What is the impact on the productivity of the modeller? ✅ How to choose a platform/language that is appropriate for the task (complexity, scalability)? ✅ Which platforms/languages are best positioned to take advantage from advances in AI/ML? ✅ Ensuring security and governance around actuarial modelling calculations ✅ Comparing the performance of different programming languages 𝗖𝗼𝗻𝗳𝗶𝗿𝗺𝗲𝗱 𝘀𝗽𝗲𝗮𝗸𝗲𝗿𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲: ⦿ Guy Brett-Robertson, Senior Systems Actuary, RGA ⦿ João Saraiva, Associate Professor, Universidade do Minho ⦿ Pierre MIEHE, Principal, Milliman ⦿ Christopher Cundy, Managing Editor, InsuranceERM (Moderator) 📆 𝗗𝗮𝘁𝗲: Tuesday 18 June 2024 ⌚️ 𝗧𝗶𝗺𝗲: 09:00 ET | 14:00 BST 💻 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗹𝗶𝗻𝗸: https://lnkd.in/ddMkuMNz #ierm #insurance #insuranceerm #actuary #risk #AI #actuarialmodelling

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Is your insurance business still stuck in manual mode? Customers expect a seamless digital experience, and insurance businesses clinging to outdated systems risk falling behind. Digital transformation in insurance isn't just about efficiency anymore; it's about survival. In our blog post, we explored how digital transformation can be a game changer for insurance businesses and help them win market share. Read the full article and discover how digital transformation can future-proof your business: https://hubs.li/Q02v7hyf0 #insuranceinnovation #MGA #insuranceindustry

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💥NEW Talent in Insurance ebook💥How can insurers attract and retain the right people in a shrinking talent pool? Download now for exclusive insights https://lnkd.in/eHGxYs4a 💨Research by Deloitte found just 4% of Millennials want to work in the insurance sector. 💻 New technologies are estimated as being able to complete roughly 35% of the job tasks generally performed by insurance underwriters. (The New Law Review).,. #Underwriting #LifeInsurance #Talent

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To unlock AI’s full potential, insurers need to assess their current organisational landscape and align their talent with both present needs and future goals. By doing so, they can follow a clear, realistic path through the three-stage AI maturity framework, guiding them from their current capabilities to achieving their long-term strategic objectives. Read the full whitepaper on Life Insurance x AI at: https://lnkd.in/drp_PFgn #ArtificialIntelligence #LifeInsurance

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InsurTech Analyst news you can't afford to miss from yesterday 👉 Leveraging AI and geospatial imagery for insurance risk prediction - FinTech Global Academy 👉 New York-based InsurTech Authentic secures $11m in Series A funding 👉 AdvantageGo and Expleo Group partner ahead of Blueprint Two 👉 McKenzie Intelligence Services unveils AI damage classifier to revolutionise insurance assessments 👉 Edmund Reese to join Aon as CFO amidst strategic growth plans #Insurance #InsurTech #FinTech Cole Riccardi Ian Summers Stephen Magennis Forbes McKenzie

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Unlock the full potential of AI in insurance with our new eBook! This comprehensive guide is filled with exclusive insights and statistics from leading global insurance experts, showing you how to leverage AI to enhance efficiency and improve customer experience. In this eBook, you will discover how to: ➡ Boost operational efficiency and elevate customer satisfaction ➡ Tackle common AI adoption hurdles ➡ Explore future industry trends and high-impact Generative AI applications Download your copy today: https://lnkd.in/e4XyT9b9 #Insurance #AI #InsurTech #GenerativeAI #CustomerExperience

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𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐘𝐨𝐮𝐫 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐰𝐢𝐭𝐡 𝐀𝐈 – 𝐓𝐚𝐤𝐞 𝐎𝐮𝐫 𝐅𝐫𝐞𝐞 3-𝐌𝐢𝐧𝐮𝐭𝐞 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭! 🚀 Are you ready to unlock the potential of AI and lead your insurance company into the future? Our AI Advantage Assessment is your key to discovering how AI can drive transformative growth in your organization. Here’s How It Works: ✅ Answer 10 quick questions ✅ Receive a personalized report on your AI maturity level ✅ Get tailored insights on streamlining operations, reducing costs, and gaining a competitive edge ✅ Access exclusive resources and expert guidance to fuel your AI journey Don't miss out on this opportunity to elevate your business. It's free and only takes 3 minutes—start now and step into the future of insurance innovation! https://lnkd.in/g74ujjxq #InsuranceInnovation #AIForGrowth #InsuranceLeaders #FutureOfInsurance #AIAssessment

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