The Rise and Rise of InsurTech

The Rise and Rise of InsurTech

In another sign that InsurTech is one of the fastest growing and exciting FinTech sectors, the first InsurTech firm went public recently. ZhongAn Online Property and Casualty Insurance, floated on the Hong Kong Stock Exchange at HK$59.70, raising US$1.5bn, valuing the firm at US$10bn.

According to the Financial Times, Zhongan is backed with venture capital and equity finance by some of China’s largest finance groups and the public floatation has helped bring in prominent investors including the Japanese firm, SoftBank. Additionally, the big Chinese online firm, Ant Financial (an affiliate of Alibaba), is also a large shareholder in the online insurance firm.

Read more


Importance of Big Data and IoT for Financial Intelligence

Importance of Big Data and IoT for Financial Intelligence

The always-connected ecosystem in everyday lives has gained further traction with more and more sensor embedded wireless connected devices. Connected cars, smart healthcare wearables, and smart homes, are some of the active components of an IoT network today. Together with the hyper-mobility adoption, more data is being generated seamlessly in real-time. Increases in computing power and cloud deployments have also enabled this big data to be stored, processed and analysed at great speeds.

Read more


The Competitive Advantage of HPC

The Competitive Advantage of HPC

In an era of financial convergence, faster processing speed (HPC) is the mainstay of faster analytics and quick decisions. Growing regulatory demands also call for speedier insights in trading, risk management, and customer care. Greater operational agility to respond faster to market changes is often the game-changer in Fintech and Regtech, saving billions and ensuring timely regulatory compliance.

Read more


Bringing Sensor Data Analytics To Insurance (InsurTech)

Bringing Sensor Data Analytics To Insurance (InsurTech)

A major development in the ever growing insurance and technology industry – known as InsurTech – is in the realm of sensory data analytics. Technology is improving such that a greater and more accurate range of data can be collected with regard to activities that are typically insured – the main and most obvious of these is obviously driving but more increasingly it is being expanded to day-to-day activities which are of interest to health and life insurance firms.

Read more