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Chris Murumets

Recent Posts

3 Things The Insurance Industry Can Learn from Silicon Valley Insurance Accelerator

Oct 20, 2016 9:31:58 AM / by Chris Murumets posted in Innovation

If you had the chance to read my colleague’s article on our trip the Silicon Valley earlier this year, you’ll know that the visionaries and innovators in this space have a keen interest in the insurance industry.  During this trip, we learned about the Silicon Valley Insurance Accelerator (SVIA). An organization that connects the established insurance industry with the Valley’s network of innovative technology, InsurTech Startups, Venture firms and other global innovation hubs. The goal is to facilitate the flow of market, technology insights, and investment, ultimately accelerating innovation in the insurance industry.

They recently hosted the Insurance Disrupted Conference to talk about the next big wave disrupting InsurTech. We had the chance to hear about big data, analytics and AI from some seriously innovative companies including Lumiata, BanjoXL Innovate and NAUTO. All players in the Insurtech space. Being part of a company that is both facilitating and embracing the changing world of insurance, this conference left me feeling energized and excited for what is to come. Which inspired me to share 3 things the insurance industry can learn from the SVIA Insurance Disrupted Conference.  

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Navigating Through the New World of Insurance

Mar 16, 2016 2:00:00 PM / by Chris Murumets posted in Insurance, Innovation, Technology

*Disclaimer: This is a modified version of the article that appeared in EIF's brochure: Change Agents in the New World of Insurance*

I recently attended the European Insurance Forum which brought together industry leaders to discuss the resources needed to deal with the future landscape of insurance and risk. Today, thanks to technology, the insurance industry is changing rapidly with no signs of slowing down. In order to thrive in the new world of insurance, companies are and will be continuing to invest in strategies for effective adoption of new trends and technologies.

This is no easy task for an industry that has been accustomed to tradition, as opposed to innovation, for so many years. So how do you navigate through today’s insurance world that is at the tipping point of massive change? Our goal is to make the journey simple for you.

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