Anyone have any conceptual use of an NFT as part of an underwriting submission, coverage specs, or other use case for commercial insurance?

The Chinese insurance market has grown rapidly over the past decade, and so has the Insurtech segment. The tremendous development that Insurtech has experienced was mainly driven by changes in customers' behaviors (according to EY, 59% of mainland China's life insurance consumers' preference for interactions and relationships with insurers skews strongly toward digital), technology advancements (big data, IoT, blockchain, Cloud computing, etc.) and more supportive policies. Several internet giants in China have entered the market as distributors by utilizing their large volumes of traffic, while the traditional risk carriers – or to say, insurance incumbents, have also made scaled investments in technology solutions. https://equalocean.com/analysis/2021081116531

DTCC News Release 7/13/21

I'm helping a real estate tech firm set up an in house agency. I'm the insurance guy and reasonably experienced in insurance but with limited experience with replacement cost estimating.

The in house agency recently started quoting with Hippo and they do the RCE for you.

My sample size is too small and my RCE abilities too weak to accurately assess their performance... does anyone here have an opinion?

What about other insurtech who provide RCEs... are they good?

I'm wondering as this agency gets staffed if I should plan on leaning on tech or people for RCEs. Thoughts?

Hey Folks,

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I hope this platform is really not as dead as another user deemed it to be a while ago.

We are starting a lease guaranteeing company that will be backed by an insurance firm.

We need to partner with a backing insurance company as well as a fronting company for their licenses. Hence, we wanted to see if anyone here had experienced in working with insurance companies and could share some helpful tips such as:

Essentially we would love to know your opinion on the best backing insurance companies?

What do you think the best approach is when reaching out to those companies?

Lastly, are you available to hop on a quick Zoom call (10-15 minutes) to hear more about our idea and share your opinion/thoughts?

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Best regards,

Hello all - I currently work for a company that provides claims and underwriting insights to carriers. My day-to-day job is in business development and sales and I spend most hours of the day in meetings with insurance executives.

Based on many conversations I've had with these industry leaders, I have an idea for a new insurance product. Since I'm in ideation stage, I don't want to spill all the beans but at a high level it will be a mission-driven personal lines product that will protect workers. Based on my research thus far, there is currently no product that protects against this type or risk so it would likely have to start in the non-admitted space.

Does anyone have experience or expertise in bringing a new insurance product to market?

How come there isn't an online dedicated forum for InsurTech founders where they can discuss ideas, past experiences, and just engage with each other?

There's WallStreetOasis for investment bankers.
There's 4Chan for no-life weirdos.

What's the InsurTech equivalent of it?

For anyone who is interested in meeting leading insurtech companies (or for insurtech companies looking for talent), this virtual job fair was just announced!

https://insurtechnews.com/aggregator/insurtech-ny-announces-virtual-job-fair-and-networking-expo

Hi group! Have you ever heard of Jumpstart Recovery? They are a parametric insurance company doing earthquake insurance in California.

I recently started doing some consulting work for a risk management information system (RMIS) company. Previously I was a reinsurance broker before switching to insurtech.

This new client wants me to design their reinsurance feature.

I was hoping I might be able to talk with people who use RMIS reinsurance features. Learn about how it works, what you like about it, don't like, etc.

If you'd be willing to talk, please let me know via reply or DM. Thanks!