Data-Driven Energy Insurance: The Next Multi-Billion Insurtech

Jamey Stillings for┬áTIME The energy industry is changing: a U.S. Energy Information Administration (EIA) report found that solar and wind accounted for nearly 95 percent of all new electricity capacity added in 2017 (15.8GW out of 16.7GW). With declining costs and increasing demand, the solar and wind industries are quickly establishing themselves as the future […]

InsurTech or CapitalTech?

There was recently a great post by Steve Evans over at Artemis on Swiss Re latest results and what they mean for the insurance industry. I encourage you to go and read it: http://www.artemis.bm/blog/2016/03/16/swiss-re-ready-to-disrupt-the-risk-to-reinsurance-capital-value-chain/ Among the many interesting points in this article, a few stood up: There is a growing recognition, both within insurance or […]

Is the Insurance Industry about to change radically?

While Insurance is a massive industry, for example net premiums for life and P&C insurance the US are estimated worth around $1,000,000,000,000 (yes that is twelve zeros) I believe it has just been barely affected by the massive software driven changes that other industries are experiencing. At core, the Insurance industry is impacted by the […]