Solve the online insurance distribution puzzle with CloudSales
Insly insurance software family has a new member CloudSales – an e-commerce solution for online insurance distribution and servicing of insurance products that can be launched quickly and efficiently. It’s not quite unlike an “e-shop” software, just for insurance products instead of physical ones. With CloudSales, we intend to help our clients take advantage of […]
What will change in insurance industry in 2017?
The insurance industry – traditionally cautious, heavily regulated, and accustomed to incremental change—confronts a radical shift in the age of automation. With the rise of digitization and machine learning, insurance activities are becoming more automatable and the need to attract and retain employees with digital expertise is becoming more critical. Workforce position-by-position changes McKinsey Global […]
3 Technology Trends for the Insurance Industry in 2017
Insurance agents and brokers are experiencing a major shift in what their customers and clients have come to expect. By 2017, “digital natives” will dominate the workplace, which has huge implications for agents and brokers looking to engage with customers and grow their businesses. As the millennial generation matures and enters into its peak buying power, digital […]
The Tasks of an HR Manager in a Successful IT Startup
Upsteem sat down for a small interview with our HR Manager Sigrid Mõisavald to understand what is behind Insly’s great success and how day to day work happens in our startup. The chances of an average person knowing what Insly is are not very high, however, the ones who do need it, namely those employed […]
Chatbot is the Future of Automated Insurance
Technology is everywhere and chatbot is an elegant way to make it accessible to everyone. The technology is rapidly catching the insurance industry. It’s just that some in the insurance industry don’t yet realize it. Whereas the focus of banking-oriented Fintech was all about “disruption”, the digital innovation focus of InsurTech is about “rapid evolution”. […]
Insly selected among TOP 11 insurtech startups from the UK
By embracing the UK’s quickly growing pool of insurance technology – insurtech startups, as well as development of mobile apps, investing in digital channels, hiring tech talent and analysing customer data, the UK insurance industry is finally moving into the digital age. Head of digital innovation at Aviva, Paul Heybourne, told Techworld: “VCs are buzzing with […]
What are the InsurTech Trends for 2016?
Geert Matthys from Deutsche Bank points out three fundamental trends about fintech: connectivity, simplification and personalization. Connectivity is about anyone or anything being able to interact, trade or exchange information anywhere and anytime. Technologies such as APIs and the Internet of Things are enablers. Simplification is about reducing complexity. There are many processes and technologies […]
The Evolving Focus of the Blockchain in Insurance
A blockchain is a public ledger of all Bitcoin transactions that have ever been executed. It is constantly growing as ‘completed’ blocks are added to it with a new set of recordings. The blocks are added to the blockchain in a linear, chronological order. Each node (computer connected to the Bitcoin network using a client […]
Why isn’t Insurance Tech as Developed as Other Parts of the Fintech Market?
Insurance tech isn’t as developed as other parts of the fintech market. Bernard Lunn looks at the reasons for so few insurance tech startups. Insurance tech isn’t as developed as other parts of the fintech market. It feels more like fintech around 2011, when a lot was happening but few people were observing what was […]