Innovating to grow: A new world of opportunity for insurers

Although most insurance companies adopt changes to support gradual innovation, most insurers need to make more efforts to promote dramatic progress with true competitive advantage We recognize. Therefore, the insurance industry innovation agenda must include the following items.

Monitor and analyze InsurTech's perspective in real time - What can we help now?

Determine how to promote business innovation. Which combination of methods is most effective for acceleration and implementation? - What is the best way to motivate innovation?

Strengthen the organization with new different kinds of talents - where and how do you need innovators to attract and adopt innovators?

Cyber ​​Security and Regulation - Are you ready to respond to the operational challenges offered by the new technology? Also, have you and our actual partners and potential partners consider the compliance department currently or currently under consideration?

Innovative development: opportunities for new opportunities for insurance companies will help insurers to answer these questions as they define and fine-tune innovation agenda.

In addition, Etherisc not only deals with existing insurance market opportunities. Etherisc also provides a platform to accelerate the development of new insurance products and effectively provides virtual accelerators to build and test new insurance products. It will stimulate insurance products developed from the block chain economy itself. One day, as you imagine, innovators can develop applications on the platform and ensure everything from hackers to token failures. As insurance is needed in other parts of the world, the block chain economy also needs insurance.

In this article, how individuals, entrepreneurs, and insurance companies cooperate to promote customer recruitment and satisfaction, and resolve insufficiency and uninsuredness in developed and developing countries through block chains peers We will explore how to create a new and innovative insurance model. Demand - Social insurance network of peer-to-peer trading. We will consider new ways to fundamentally release the business size and social forces of "shared economy" such as insurance, risk, social network, block chain, forecast market, autonomous decentralized organization, smart share contract etc. Industry Innovation

Despite being such a large industry, the world's insurance ecosystem is still largely adopting an outdated approach, and innovation in adopting new, more effective consumer technology is Almost not. Today, in the insurance industry, there are a lot of intermediaries operated by an inefficient record management system that saves files in the simulated world of printed matter, such as agencies, brokers, banks and so on. This makes the insurance claim and distribution process time consuming, cumbersome and frustrating for the claimant.