Moja is a new digital-only insurance brand developed by AXA that offers simple and flexible insurance products for digital natives. It provides hassle-free insurance that can be purchased with just a few taps on a phone without needing to speak to anyone. Customers have total flexibility to change their policies anytime without penalties. Moja also offers 24/7 online support for policy management and claims through an intuitive digital interface. It aims to disrupt the insurance industry by providing on-demand, seamless digital experiences expected by modern consumers.
How to transform an old fashioned Insurer into a Carrier like Oscar, fast and at low cost. Healthfront: a killer application for connected health insurance based on three strategic pillars.
Digital transformation is disrupting the insurance industry in three main ways: 1) Through hyper-personalized insurance products enabled by new data sources and customer data; 2) New competitors like insurtech companies and other industries entering insurance; 3) Emergence of new data sources and technologies that allow for new types of products and more customer-centered experiences. Insurers must leverage semantic graph technologies and data fabrics to integrate diverse new data sources, gain insights from data to develop new products and services, and remain competitive against new entrants.
Insurers face significant disruption from digital technologies and need to accelerate their digital transformations. They must embrace an omnichannel approach to provide seamless customer experiences across online and offline channels. Insurers also need to reshape core operations and underwriting through advanced analytics, improved data usage, and digital innovations like telematics. To succeed, insurers must upgrade legacy IT systems, rethink their business models, and defend their markets by focusing on efficiency, data, and customer engagement through digital solutions. The pace of digital change requires insurers to proceed strategically in phases to integrate digital and physical operations.
Micromobility Explorer - how to make it sustainableStéphane Schultz
We've spent several months browsing cities, meeting executives and studying usecases to understand what is hidden behind the micromobility frenzy. As urbanist and mobility experts, we have tried to figure out how to solve the main issues encountered by operators and cities. Hope you enjoy the ride ! It's only the beginning...
The document discusses how digitization is transforming the insurance industry. It is putting pressure on life/pensions and property/casualty insurers to improve customer experience through digital channels. Customers now expect seamless, personalized experiences through mobile and online access. Insurers need to leverage new technologies like analytics, cloud computing, and the internet of things to meet these rising expectations and compete in the digital era. Data and digitization offer opportunities to better understand customers, price policies dynamically, and automate processes, but insurers must also address challenges of security, regulation and building customer trust.
How Life & Annuity Companies Can Embrace Modern Platforms to Boost Direct-to-...Cognizant
Life and annuity (L&A) insurers seeking to enhance their direct-to-consumer reach should first simplify operations using modern, hosted, rules-based platforms, and deploy the panoply of digital tools and services and work with insurtechs when suitable.
Avis CAB white paper_Future of MobilitySamantha Lee
The document discusses key themes from a client advisory board meeting hosted by Avis regarding the future of mobility. Experts shared insights on topics like mobility models, the rise of car sharing and integrated mobility solutions. It was noted that while company cars are still commonly used, corporate car sharing has high future interest. Grey fleet, where employees use their personal vehicles for work, was seen as both an opportunity and challenge for the travel industry to address.
This document summarizes a report by Deloitte on the challenges and opportunities facing auto insurers regarding usage-based insurance (UBI) programs using telematics. It finds that the auto insurance market can be divided into three segments based on willingness to participate in UBI programs: eager beavers (26% willing without a discount), fence sitters (27% willing with a high enough discount), and naysayers (47% unwilling under any circumstances). Younger drivers aged 21-29 are more open to UBI, while discount expectations vary more by gender. The findings suggest the UBI market may bifurcate over time between those monitored under new pricing models and those served through traditional methods.
This booklet describes the results of the MobiGoIn project (Mobility Goes International), that have established a Smart Mobility focused European Strategic Clusters Partnership to promote clusters’ internationalisation by developing a joint strategy aimed at supporting SMEs in their internationalisation processes beyond Europe. MobiGoIn’s main focus regards a sustainable, smart and safe mobility in metropolitan areas, achieved through the implementation of solutions and systems for intelligent and cooperative transport, intermodal and sustainable mobility for the citizens, and sustainable urban freight logistics.
This project has received funding from the European Union’s Horizon 2020 research and innovation programme COSME Programme 2014: Call for proposals "Cluster Go International" (COS-CLUSTER-2014-3-03) – under grant agreement No 689937This publication is part of the project Mobility Goes International which has received funding from the European Union’s COSME Programme (2014-2020)
BCG and ZA Tech, two companies, I have interacted with quite a bit, have shared some interesting datapoints. They are taken in the Singaporean context but still bear significant insights for the European markets.
This document discusses two divergent visions for the future of transportation and mobility: 1) maintaining the current system of private vehicle ownership or 2) migrating to a system of shared, driverless mobility. It describes how transportation is being transformed by new technologies like electric vehicles, connected vehicles, autonomous vehicles, and shifts in consumer preferences toward shared mobility. The future system is uncertain but will likely involve elements of both visions evolving gradually over time, creating a new mobility ecosystem.
This document discusses two divergent visions for the future of transportation and mobility: 1) maintaining the current system of private vehicle ownership or 2) migrating to a system of shared, driverless mobility. It describes how transportation is being transformed by new technologies like electric vehicles, connected vehicles, autonomous vehicles, and shifts in consumer preferences toward shared mobility. The future system is uncertain but will likely involve elements of both visions evolving gradually over time, creating a new mobility ecosystem.
1. Smartphones have become the dominant internet device in the UK, used by 66% of people. The insurance industry could benefit from adopting mobile trends to better engage with customers.
2. Insurance companies should aim to be more customer-centric, engage in two-way dialogs, adopt agile models and increase awareness through personalized mobile content.
3. While insurance has traditionally been paper-based, mobile provides opportunities for customer insights, personalization, and social media engagement that companies should pursue.
Alpha Direct Insurtech Pte Ltd – Insurer Transformation Award 2023The Digital Insurer
1) Alpha Direct Insurtech developed Graphite, a software platform that provides end-to-end insurance operations through components that seamlessly interact via APIs.
2) Graphite leverages mobile technology and network connectivity to make insurance accessible even in remote areas by offering products tailored to different needs and budgets.
3) A key feature of Graphite is the "Insurance in a Box" product, which uses an OBD device, sensors and data transmission over mobile networks to offer pay-per-km motor insurance and adjust premiums based on individual driving behavior.
InsurTech trends: Connected Insurance as the most relevant one considering TAM and maturity level. It has already shown adoption and material impacts in some markets.
This document discusses the winners of the Mobile Innovations Awards 2014. It lists the award categories and provides brief descriptions of some of the winning projects, including BP's mobile loyalty campaign with Turkcell that offered rewards to capture and retain customers, Coca Cola's Red Vault loyalty program that allows members to earn and redeem rewards on their choice of mobile or website, and Dansk Supermarked's use of a mobile gamification campaign to drive customers to stores and increase loyalty. It congratulates all the winners for demonstrating excellence and innovation in mobile.
Smarter Auto for the Hyperconnected World Matteo Carbone
This document discusses the growing use of telematics data in auto insurance. Telematics data enables more personalized insurance pricing and customer experiences. It can be used across the insurance value chain from pricing to claims management to additional services. While telematics is more established in the US and Italy, its use in pricing and underwriting has yet to be fully realized in most markets. As technology improves and costs decrease, the use of telematics data is expected to continue growing globally.
The Gig Workers Claims Platform is an insurtech solution that allows gig workers to monitor insurance coverage from various employers and submit claims through a simple mobile platform. It was created by PolicyStreet to complement their partnership with foodpanda, insuring over 50,000 delivery partners in Malaysia. The platform aims to combine different insurance policies into a single portal for gig workers and simplify the claims process through an intuitive mobile design.
Similar to Verti - EMEA Insurer Innovation Award 2024 (20)
Network Auto Configuration and Correction using Python.pptxsaikumaresh2
- Implemented Zero Touch Provisioning, Network Topology Mapper, and Root Cause Analysis using Python, GNS3, Netmiko, SSH, OSPF, and Graphviz.
- Developed a Python script to automate network discovery based on Core Router IP and login details, significantly reducing manual intervention.
- Enhanced network visualization by generating detailed network graphs, aiding in quick network analysis and troubleshooting.
Airports, banks, stock exchanges, and countless other critical operations got thrown into chaos!
In an unprecedented event, a recent CrowdStrike update had caused a global IT meltdown, leading to widespread Blue Screen of Death (BSOD) errors, and crippling 8.5 million Microsoft Windows systems.
What triggered this massive disruption? How did Microsoft step in to provide a lifeline? And what are the next steps for recovery?
Swipe to uncover the full story, including expert insights and recovery steps for those affected.
IT market in Israel, economic background, forecasts of 160 categories and the infrastructure and software products in those categories, professional services also. 710 vendors are ranked in 160 categories.
Welcome to our third live UiPath Community Day Amsterdam! Come join us for a half-day of networking and UiPath Platform deep-dives, for devs and non-devs alike, in the middle of summer ☀.
📕 Agenda:
12:30 Welcome Coffee/Light Lunch ☕
13:00 Event opening speech
Ebert Knol, Managing Partner, Tacstone Technology
Jonathan Smith, UiPath MVP, RPA Lead, Ciphix
Cristina Vidu, Senior Marketing Manager, UiPath Community EMEA
Dion Mes, Principal Sales Engineer, UiPath
13:15 ASML: RPA as Tactical Automation
Tactical robotic process automation for solving short-term challenges, while establishing standard and re-usable interfaces that fit IT's long-term goals and objectives.
Yannic Suurmeijer, System Architect, ASML
13:30 PostNL: an insight into RPA at PostNL
Showcasing the solutions our automations have provided, the challenges we’ve faced, and the best practices we’ve developed to support our logistics operations.
Leonard Renne, RPA Developer, PostNL
13:45 Break (30')
14:15 Breakout Sessions: Round 1
Modern Document Understanding in the cloud platform: AI-driven UiPath Document Understanding
Mike Bos, Senior Automation Developer, Tacstone Technology
Process Orchestration: scale up and have your Robots work in harmony
Jon Smith, UiPath MVP, RPA Lead, Ciphix
UiPath Integration Service: connect applications, leverage prebuilt connectors, and set up customer connectors
Johans Brink, CTO, MvR digital workforce
15:00 Breakout Sessions: Round 2
Automation, and GenAI: practical use cases for value generation
Thomas Janssen, UiPath MVP, Senior Automation Developer, Automation Heroes
Human in the Loop/Action Center
Dion Mes, Principal Sales Engineer @UiPath
Improving development with coded workflows
Idris Janszen, Technical Consultant, Ilionx
15:45 End remarks
16:00 Community fun games, sharing knowledge, drinks, and bites 🍻
Using ScyllaDB for Real-Time Write-Heavy WorkloadsScyllaDB
Keeping latencies low for highly concurrent, intensive data ingestion
ScyllaDB’s “sweet spot” is workloads over 50K operations per second that require predictably low (e.g., single-digit millisecond) latency. And its unique architecture makes it particularly valuable for the real-time write-heavy workloads such as those commonly found in IoT, logging systems, real-time analytics, and order processing.
Join ScyllaDB technical director Felipe Cardeneti Mendes and principal field engineer, Lubos Kosco to learn about:
- Common challenges that arise with real-time write-heavy workloads
- The tradeoffs teams face and tips for negotiating them
- ScyllaDB architectural elements that support real-time write-heavy workloads
- How your peers are using ScyllaDB with similar workloads
Understanding the NFT marketplace ecosystem involves exploring platforms for creating, buying, selling, and trading digital assets. These platforms use blockchain technology for security and smart contracts for automated transactions. Key components include digital wallets, NFT standards, and marketplaces like OpenSea and Rarible. This ecosystem is shaped by the roles of creators, collectors, and developers, offering insights into the dynamics and trends of the digital asset economy.
Leading Bigcommerce Development Services for Online RetailersSynapseIndia
As a leading provider of Bigcommerce development services, we specialize in creating powerful, user-friendly e-commerce solutions. Our services help online retailers increase sales and improve customer satisfaction.
How CXAI Toolkit uses RAG for Intelligent Q&AZilliz
Manasi will be talking about RAG and how CXAI Toolkit uses RAG for Intelligent Q&A. She will go over what sets CXAI Toolkit's Intelligent Q&A apart from other Q&A systems, and how our trusted AI layer keeps customer data safe. She will also share some current challenges being faced by the team.
2. Nowadays, and especially in cities, there has been an explosion of means of transportation
that are at our disposal.
This new mobility, more dynamic, digital, and sustainable, however, leaves a user who only
has his vehicles insured unprotected against incidents. In a society that is exploring new ways
to get around without having to own your own vehicle, who will take care of you if something
happens?
We no longer talk about vehicles; we talk about people.
3. Presentation of the innovation
MOVERTI ensures the mobility of people, no matter what means of transport they use
MOVERTI is the new multimodal mobility insurance product
that accompanies the person, regardless of the means of
transport the user uses.
MOVERTI is a modular insurance that covers the individual
needs of the person. It has three different modalities: 1) for
urban public transport, taxi and transport vehicles with drivers
(VTC); 2) for temporary use of shared vehicles (carsharing,
motosharing, bike sharing and rental scooters); 3) for owned
electric scooters. In this way, the client chooses which
modalities interest them the most based on their needs and
daily mobility. In addition, policy payment can be made
monthly, quarterly, semi-annually or annually, so that clients
can divide their expenses and manage their insurance with
greater flexibility.
All the modalities of the new Verti mobility insurance are linked
to the person, something that makes it special compared to
other competing insurance policies and covers the incidents that
the client may have in the different means of transport they use
daily.
Among the coverages included are civil liability, legal defense,
defense in case of traffic fines, personal accidents (among the
accident coverages are: Death Guarantee, Permanent Disability
Guarantee according to Scale, and Compensation for surgical
hospitalization of the insured) , Coverage of damage to the
insured scooter in the event of an accident, complementary
transportation and medical guidance. In the latter case, the
service is provided through Savia, MAPFRE's digital health
platform. In addition, it includes preventive maintenance of your
own scooter or reconditioning of scooters, in line with the
company's sustainability policy.
Given the emergence of new forms of mobility in cities, such as carsharing, or personal mobility
vehicles (MVP), Verti wants to guarantee the safety of its customers, whatever way they choose to
move.
4. Uniqueness of the
project
As Juan Pablo Galán, CEO of Verti, points out, “this
insurance reflects on the work the company is
doing to lead the new mobility. Verti, which is the
pioneer in Internet insurance in Spain, also wants
to be a pioneer in ensuring people's mobility, with
all the guarantees. Mobility is constantly evolving,
hence the need for insurance linked to the person,
not to a specific vehicle, since now people change
means of transport several times a day”.
MOVERTI represents a transformation of traditional
insurance. With Moverti, a new product is offered
to the market when customers need it, getting
ahead of other players and offering “complete”
insurance, and with a very differential added value
proposal.
5. Response to a specific issue
MOVERTI ensures the mobility of people, no matter what means of transport they use
_ The way we move has changed. The outbreak of the
pandemic shook the foundations of mobility and other factors
such as the development of technology, or environmental
concerns are evolving the means of transportation that make
the economy and our own daily lives function. Public transport,
electric cars, reduced presence, or the use of private vehicles are
areas in which the imprint of more than two years of
transformations can already be seen, and in which some keys to
the future of mobility can be observed.
_ On/off insurance, embedded insurance, personal mobility,…
New types of insurance, a complement to traditional policies in a
large number of areas and markets, are growing in popularity. It
is not surprising, since clients increasingly demand more
personalized and adapted services, both to our needs and to our
times or budgets. We no longer talk about vehicles; we talk
about people.
_ In a market where profit and traditional demands are in
the vehicle, launching a product focused on the person, with
enormous future potential and that still needs to be built, is
being brave.
_ To develop the product we started from a blank sheet of
paper that we begin to fill out once we investigate the
market and interview and analyze the needs and aspirations
of the users.
6. Benefits
MOVERTI ensures the mobility of people, no matter what means of transport they use
MOVERTI is insurance that accompanies the person,
regardless of the means of transport used. It is a
paradigm shift and represents a transformation of
traditional insurance. We are no longer talking about
vehicles but about people.
Modular, 100% digital and personalized. The structure of
the product is blocks of coverage, options according to
the means of transport and the individual needs of the
user. This scheme allows for high personalization of the
insurance.
Value-added services such as advice through a
personalized service called ‘Yo Me Muevo’, digital
medical guidance thanks to telemedicine services. In
addition, it includes preventive maintenance of your own
scooter or scooter reconditioning, in line with the
company's sustainability policy.
MOVERTI has been configured with users of electric
vehicles and non-polluting vehicles in mind,
incorporating maintenance services for their VMP
(personal mobility vehicle), collaborating with a startup
that helps recondition scooters; and including an
advisory service in urban mobility for our clients.
Being a new product, in an emerging market, the
impact in terms of people and economic valuation is
very incipient. However, we can indicate that we have
impacted more than 6,000 people who have shown
interest in the product through digital channels. ROI:
4.000 %
7. 7
Challenges
MOVERTI ensures the mobility of people, no matter what means of transport they use
Started production in
just 9 months
From the definition and preparation of the conditions to
the subscription regulations and the definition of the
processes by which the product is currently governed,
ending with the sale of the first policy.
01
Appified Product
Break the molds of the quotes developed so far due to
the change in the customer experience that is presented
in the first step of the policy pricing. The customer is
presented with an experience where they can customize
their policy and select the modules they wish to activate.
02
Generating interest in the Brand with
innovations
Insuring the person, regardless of the means of transportation
used is innovative. It should help Verti to continue
strengthening its brand, generating interest, and promoting the
sale of policies for other more conventional products
03
Resourcing
To create the product we start from a blank sheet of
paper, and we begin to conceptualize the product through
market research, interviews and analysis of the needs
and aspirations of users by launching surveys to find out
the real needs of potential customers.
04
Product design
There is no accident data available for VTC, VPM or
shared mobility, so the creation and design of this
product was a challenge from the pricing and
subscription point of view.
05
Common legislation
Supervisions and regulations often lag reality itself and public
powers have to be able to run as fast as society to adapt
legislation to this new reality. Thus, there’s a need for legislation
to adapt to this new reality. One of the main challenges is to
match the changes to the different needs of people, since the
solutions cannot be the same for a large city as for a small
municipality.
06
8. What’s next?
MOVERTI ensures the mobility of people, no matter what means of transport they use
•
By creating an innovative product that focuses on the person and targets a market of users who are part of the new
mobility has been the first step to starting conversations with customers and establishing agreements with other
distributors.
We currently market in a direct channel (through our web) but the objective is to seek and collaborate with new partners
that guarantee a more extensive reach through mobility platforms (B2B2C).
Another of the objectives of Verti is to become an ambassador of new mobility safety and to ensure that the public
understands the implications of becoming part of a sustainable future through shared electric mobility.
We will continue to explore the need to extend the coverage of other mobility modalities and vehicles to ensure Verti can
offer the best product possible that covers our customer’s complete mobility scene.
9. Verti is a digital insurer with a presence in Spain, Italy and
Germany. It has more than 340,000 clients in Spain for
car, motorcycle, home and pet insurance. It is
characterized by its innovative products focused on user
needs, such as its 6Wheels insurance, Kms Account
insurance or Verti DRIVER.