11/27/2024 3:54:06 PM GenAI passed Gartner's peak of expectations- CompositeAI is the key to value By Mike Daly ‘By the end of 2024 ( and during 2025), value will be largely derived from projects based on familiar AI techniques, either stand-alone...
6/1/2021 8:36:53 AM European insurtech startup Wefox grabs $650 million at $3 billion valuation By Mike Daly Four times oversubscribed this funding round! Another interesting take is that Wefox has a different strategy than many insurers. "But...
4/21/2021 9:21:28 AM Investors flood into parametric insurance By Mike Daly Storm Christoph, which brought heavy snow and flooding to many parts of the UK earlier this year, provided a test for London-based...
4/14/2021 8:44:16 AM AI Comes to Car Repair, and Body Shop Owners Aren’t Happy By Mike Daly During the pandemic, insurers accelerated the use of automated tools to estimate repair costs. Garage operators say the numbers can be...
2/26/2021 12:16:00 PM Lessons from Britain’s pandemic on promoting innovation By Mike Daly Move fast and remove barriers are the best things the government can do One is to speed up governmental processes. The rapidity with...
8/28/2020 2:12:20 PM Revolut wants to create an insurtech business By Mike Daly Mobile banking startup Revolut, which earlier this year raised $500 million at a $5.5 billion valuation, is hiring a VP of Insurance...
3/25/2020 10:50:01 AM Claims Management Inertia: Moderators Versus Accelerators By Mike Daly "The burden of legacy IT systems coupled with the issue of the innovator’s dilemma—namely, that companies critically need to know how and...
2/19/2020 11:08:55 AM Insurers: How to Lead in the New Era of Connectivity and pitfalls to avoid By Mike Daly Digital storm clouds swirl around carriers portending upheaval and change: Insurers beset by slow growth and high churnCustomers trust...
12/17/2019 1:09:53 PM How platform owners can make competitors in adjacent markets irrelevant By Mike Daly Both an opportunity and a threat being part of a supply chain and/or ecosystem. "Amazon has been steadily growing its logistics...
11/20/2019 10:29:50 AM Insurance needs a rethink but is it ducking the big problems? By Mike Daly AXA Chief Exec Thomas Burbell clearly sees the big tech giants Amazon, Facebook, Google, Apple etc the competitive threat rather than...
11/7/2019 11:44:30 AM InsurTech: What’s in a Word? By Mike Daly Timely review of myth, hype and misunderstanding countered by the significant number of insurers and insurtechs collaborating to...
10/9/2019 1:02:45 PM The challenge we face is to create relevance By Mike Daly "One of my first impressions is that people in insurance overestimate the relevance of the product for the end customer. I would say it’s...
10/4/2019 10:14:03 AM Axa boss predicts competitive threat from Faangs By Mike Daly AXA Chief Exec Thomas Burbell clearly sees the big tech giants Amazon, Facebook, Google, Apple etc the competitive threat rather than...
9/27/2019 5:32:20 PM The insurance industry needs to disrupt itself By Mike Daly "The point is that Netflix disrupted itself and that's what the insurance industry needs to do as well." ITC 2019 Keynote message from...
9/27/2019 11:09:53 AM How disrupters look at financial services? By Mike Daly Valuable insights from Maarten Ectors Chief Innovation Officer at L&G. Why? He is a disrupter himself from outside financial services....
9/11/2019 12:00:00 AM Data-analytics platforms and "AI-Ready" Data By Mike Daly In May 2017 The Economist proclaimed "The world’s most valuable resource is no longer oil" yet data analytics remains a neglected aspect...