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Building an Insurance Ecosystem
LEVERAGING ON TECHNOLOGY TO DELIVER VALUE IN THE INSURANCE SPACE
Building an Insurance Ecosystem LEVERAGING ON TECHNOLOGY TO DELIVER - - PowerPoint PPT Presentation
Building an Insurance Ecosystem LEVERAGING ON TECHNOLOGY TO DELIVER - - PowerPoint PPT Presentation
Building an Insurance Ecosystem LEVERAGING ON TECHNOLOGY TO DELIVER VALUE IN THE INSURANCE SPACE There is nothing new under the sun Just endless repackaging 3 Technology hasnt changed what we do Its changing how we do Clicks are
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Technology hasn’t changed what we do It’s changing how we do
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Clicks are thicker than bricks
85,3% 14,1% 0,2% 0,2% 0,1% 0,0%
Mobile POS RTGS Internet ATMs Cheques Volume of Transactions
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Risk
Risk Risk Risk Risk Risk Risk Risk Risk Risk Risk Risk Risk
We are still pooling risks
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I’ll organize it myself: rise of peer – peer insurance
I’ll organize it myself I’ll organize it myself with a little help Organize it for me
Mutual Society Traditional Insurer
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What is driving industry movement?
REGULATION CAPITAL REQUIREMENTS
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What does future insurance look like?
www.sli.do password IIZ
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I’ll organize it myself: rise of peer – peer insurance
I’ll organize it myself I’ll organize it myself with a little help Organize it for me
Mutual Society Traditional Insurer
Leverage Digital
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What is driving industry movement?
Current Future
REGULATION CAPITAL REQUIREMENTS ON DEMAND INSURANCE CONSUMER POWER
INSURANCE & TECHNOLOGY Who will Leverage Who?
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How Blockchain is taking it to next level $ Escrow
$ $ $ $ $ $ $ $ $ $ $ Claimant $
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Ecosystem thinking
Exercise Sleep Sleep
Learn
Eat Relax
Travel
Play
Love
Live
Work
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“It is sweet to them to take the monies; but when disaster comes it is otherwise and each man draws his rump back, and strives not to pay”
Francesco di Marco Datini 14th Century Florentine Merchant
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Insurance (in-shoor-uhns)
A business that involves selling people promises to pay later that are never fulfilled.
Urban Dictionary 21st Crowdsourced Dictionary
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“There is nothing new under the sun ” Just endless repackaging
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Seems our forefathers had it right all along
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