Verisk’s Neil Spector talks about the company’s refocus, its strategy to provide innovative solutions organically and through acquisitions, its geographic expansion, and how it’s building life insurance industry offerings, building from its acquisition of FAST.
The show serves the vibrant Latin American InsurTech community and provides a door to market opportunities and dynamic entrepreneurs and their solutions.
Winners for the five regions—were named at Celent’s Latinsites event at the Fontainebleau Hotel in Miami on the eve of ITC LATAM.
The Five Stars Awards honor outstanding regional leaders in Latin America who have used technology in innovative ways to enhance the competitive edge of their companies.
Seeking to expand its mortgage portfolio, the insurer replaced inefficient, unsupported technology with SS&C’s Precision LM software.
The newly launched business of the Peoria-based P&C carrier addresses the huge demand for safety-related tools and programs on the part of both policyholders and other companies.
As both an MGA and software provider, CompScience applies computer vision models to video to detect and mitigate more than 50 behavioral and environmental hazards.
The InsurTech distributor of commercial auto insurance combines the cameras with massive amounts of data to more accurately price risk, but also to mitigate it in collaboration with policyholders.
Trends for 2023 include increased experimentation and innovation, technology synergies, business ecosystems, growth through new business models and continued proliferation of InsurTechs and Neo-Carriers.
Whatever the spy balloon’s data collection capabilities, its navigation was primitive compared to Near Space Labs’ balloon-based craft for gathering aerial imagery.
