In other industries outside of insurance, competitions have been a mainstay for creating a environment where companies can gain notoriety, venture investors can discover companies and companies can compete to win. But in the insurance industry, it's only recently that competitions have become a way to highlight startups, said David Gritz co-founder of InsurTech NY.

Insurance can play an important role in people's wellbeing, said Jane Wang, the founder and CEO of Optimity, a wellness and "mission driven" InsureTech.

Data and technology have opened the door to game-changing improvements in the way business can and should be written in London. Now the market must walk through it.

Insurers are finding automation a helpful tool to reduce errors in highly repetitive, complex processes, said Adam Goran, client partner, Emergn.

A recent webinar presented in partnership with Eigen Technologies looked at some of the issues insurers face when presented with large amounts of data, as well as how to overcome the problem of value leakage to make the most of the resources available.

ACORD annually identifies the year’s Top InsurTech Leaders by evaluating vision, execution, and outcomes. Even during this past year of unprecedented challenges, the insurance technology community continued to drive growth and change throughout our global industry.

Gary Richardson is Chief Digital Officer at 6point6. After spending his formative years as a programmer, working for a major insurer in the London Market, he moved into the world of consulting, helping insurers work on digital transformation. Here, he talks to Insider Engage about the role of better data in helping CUOs gain visibility among their peers and take better decisions for their businesses.

Tim McCosh, Co-Founder and CEO of Yokahu, looks ahead to what promises to be a busy next year as parametric products step in to bridge the trust gap in insurance

Before insurers can choose to retain, reduce or transfer cyber risk on their balance sheet, they need to understand the complexity and interconnectivity of the cyber risk, said Lori Bailey, chief insurance officer, Corvus.

Taking single-minded steps to reduce the risk of ransomware attacks could open companies up to other vulnerabilities, said Chris Beck, a managing director with Milliman.

The Institutes' new blockchain app could speed up claims, and its exploration into NFT could transform the industry, said Peter Miller, president and CEO of the Institutes.

With research showing that only 10% of customers trust insurance companies a great deal, a trusted relationship is now becoming a major priority for competitiveness.

The biggest challenge that insures face today is using all of their data to make the best decisions, said David Flandro, head of analytics for Howden HX.

Technology is ever-evolving, and so are the capabilities it provides for the future of business. Technology was never meant to be a replacement for human interaction; rather, it is a tool to enhance productivity and decision-making abilities.

How new advancements in analytics are allowing insurers to use foot traffic data to build a more accurate, real-time picture of commercial risks.

Email is now being used to fight the 21st century epidemic of application fraud and ghost broking.

Launching with the right system gives start-ups a critical competitive advantage.

Algorithmic underwriting has the power to cut through the complexity of commercial lines and allow for more efficient, fast and accurate risk selection.

How implementing a modern digital claims system can drive efficiencies and competitive advantages for insurers while reinventing the claims experience for end customers.

A series of sophisticated attacks on technology companies has indicated how exposed end users can be to significant cyber supply chain risks outside of their control.

Maya Bundt, head of Cyber and Digital Solutions at Swiss Re, discusses how Covid-19 has hit the cyber insurance market, the dilemma of paying ransoms and how supply chain threats could be the next big cyber risk.

A letter to my legacy core system: we never talk – what secrets are you keeping from me? Guidewire Software’s Eugene Lee asks: what can insurance data tell us beyond what our systems are giving us?

Paul Mang, chief innovation officer at Guidewire Software, explains how insurers can harness non-traditional forms of data and sophisticated automation to improve outcomes for customers.

Guidewire is employing cutting edge technology to help insurers make the most out of their data, and transform a system of record to a systems of influence.

Digital distribution has brought a 'quantum leap' in driving sales and revenue, and could play a key role in closing the protection gap, said Vincent Foucart, deputy CEO of P&C Partners, Scor P&C. Click the video below to watch the interview with Foucart.

Platforms allow insurers to embed technology including digital imagery, satellites, drones and robotic processes.

In addition to ensuring accuracy and speed, automated processes are enhancing the insurance industry’s ability to forecast future events

Even the best quality policy data is of little value if it cannot be aggregated and visualised to give underwriters and carriers real-time visibility over their exposures

Embedded insurance is not only a massive opportunity for the insurtech space, it’s the future of insurance, says Paul Jones

Capgemini's Seth Rachlin asks: How can insurers maximize distribution value within today’s fast-evolving business environment?