The insurer expects annual savings of 70,000 business user hours once form data fill, system-generated submission, and centralized printing is complete.
Powered by Prudential’s in-house-built Risk Assessment Mortality Model, PruFast Track has accelerated more than 10,000 cases without examinations and invasive tests.
MetLife’s Chief Digital Officer Greg Baxter MIT Media Lab’s place in the context of a the insurer’s ‘comprehensive and disciplined’ approach to innovation.
Founded in 2016, the organization currently has 65 partners and its Silicon Valley headquarters is supported by international branches in New York, Munich, Tokyo, Singapore, and Beijing.
The company decided to take a first-mover advantage and invest earlier than some competitors in a market that has about $6 billion of insurance technology spend.
IIR talks to the co-founder of the Silicon Valley Accelerator at SVIA FUSION 2018-Commercial Insurance: Digital Innovation & Emerging Risks.
As SVP of Research Analytics, Ramirez now also heads Arbella Insurance Group’s Data Strategy initiative and is driving the company’s data-driven competitive future.
IIR talks with CEO Sabine VanderLinden and Erika Bothma, Director of the new Hartford InsurTech Hub, about that program and the InsurTech/accelerator movement more broadly.
Four years into its mission, the GIA has found its stride, taking care in the startups it selects, and holding its investors accountable for doing their part in engaging with the InsurTechs.
The right systems, implementation partner, and internal ethos of teamwork help the carrier to efficiently reach key milestone in becoming a data company as much as an insurance company.