{"product_id":"the-insurtech-book-isbn-9781119362210","title":"The INSURTECH Book","description":"\u003cp\u003e\u003cb\u003eThe definitive compendium for the Insurance Digital Revolutio\u003c\/b\u003e\u003cb\u003en\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFrom slow beginnings in 2014, InsurTech has captured US$7billion in investment since 2010 — a 10% annual compound growth rate is predicted until at least 2020. Three in four insurance companies believe some part of their business is at risk of disruption and understanding the trends, drivers and emerging technologies behind Insurance’s Digital Revolution is a business-critical priority for all growth-minded firms.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe InsurTech Book\u003c\/i\u003e offers essential updates, critical thinking and actionable insight — globally — from start-ups, incumbents, investors, tech companies, advisors and other partners in this evolving ecosystem, in one volume. For some, Insurance is either facing an existential threat; for others, it is a sector on the brink of transforming itself. Either way, business models, value chains, customer understanding and engagement, organisational structures and even what Insurance is for, is never going to be the same. Be informed, be part of it.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eLearn from diverse experiences, mindsets and applications of technologies\u003c\/li\u003e \u003cli\u003eDiscover new ways of defining and grasping growth opportunities\u003c\/li\u003e \u003cli\u003eGet the inside track from innovators, disruptors and incumbents\u003c\/li\u003e \u003cli\u003eBe updated on the evolution of InsurTech, why it is happening and how it will evolve\u003c\/li\u003e \u003cli\u003eExplore visions of the future of Insurance to help shape yours\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eThe InsurTech Book\u003c\/i\u003e is your indispensable guide to a sector in transformation.\u003c\/p\u003e \u003cp\u003ePreface viii\u003c\/p\u003e \u003cp\u003eAbout the Editors xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xiv\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1. What is InsurTech?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInsurTech Definition as Its Own Manifesto 6\u003c\/p\u003e \u003cp\u003eWhy is Insurance Failing? 9\u003c\/p\u003e \u003cp\u003eDigital Transformation in Insurance – Four Common Factors from Other Industries 13\u003c\/p\u003e \u003cp\u003eInsurTech – Problem or Solution for Agents and Brokers? 17\u003c\/p\u003e \u003cp\u003eThe Best InsurTech May not be InsurTech 21\u003c\/p\u003e \u003cp\u003e“Real” InsurTech Startups do it Differently! 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2. InsurTech Now and Next A Cartographer’s Dream – Exploring, and Mapping, the New Unknown 32\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhere Does InsurTech Leave the People who Work in Insurance? 35\u003c\/p\u003e \u003cp\u003eInsurTechs – Magical Thinking and Other Secrets of Success 40\u003c\/p\u003e \u003cp\u003e“INSoT” – The Insurance of Things and the Proliferation of Protection 43\u003c\/p\u003e \u003cp\u003eFrom Insurance Premium to Discrete Event 47\u003c\/p\u003e \u003cp\u003eSeamless Insurance: The Time is Now 50\u003c\/p\u003e \u003cp\u003eThe Potential of a Pension Dashboard Infrastructure for UK Pension Savers 53\u003c\/p\u003e \u003cp\u003eSix Mega-trends that Will Take Insurance Back to the Future 57\u003c\/p\u003e \u003cp\u003eInsurTech – Not a Zero Sum Game 61\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3. The Founder’s Journey\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNot too Big to Learn not to Fail? 68\u003c\/p\u003e \u003cp\u003eInsurance Expertise, Family, and Integrity – The Story of SPIXII’s Founding Team 71\u003c\/p\u003e \u003cp\u003eDisrupting Car Insurance – Drivies App Makes Driving More Fun, and Insurance Fairer 75\u003c\/p\u003e \u003cp\u003eGenomics 101 – The Search for a Better Life Expectancy Predictor Leads GWG Life to a Science Lab 80\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4. Internationalizing InsurTech\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInternationalizing InsurTech – A Global Phenomenon in Different Markets 88\u003c\/p\u003e \u003cp\u003eIncreasing Access to Insurance in Developing Countries 91\u003c\/p\u003e \u003cp\u003eInsurance in China 95\u003c\/p\u003e \u003cp\u003eSeven Things Insurers and InsurTechs Need to Know about the German Insurance Market 98\u003c\/p\u003e \u003cp\u003eInsurTech in Turkey – Challenges and Opportunities 102\u003c\/p\u003e \u003cp\u003eInsurTech in Latin America – The Promise of Insurance for Everybody? 106\u003c\/p\u003e \u003cp\u003eInsurTech Trends – Why Regionalization Matters 108\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5. Collaborative Innovation: Observe – Partner – Invest The Corporate Collaboration Opportunity in\u003c\/b\u003e \u003cb\u003eInsurTech 117\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCompetition vs. Coopetition in the Insurance Market 121\u003c\/p\u003e \u003cp\u003eIncumbent and InsurTech Collaboration via Open Innovation Strategy 124\u003c\/p\u003e \u003cp\u003eA Collaborative Approach in the InsurTech World – One Platform in One Click 129\u003c\/p\u003e \u003cp\u003eDating InsurTech Startups 134\u003c\/p\u003e \u003cp\u003eAltered Attitudes, Altered Outcomes – Collaborating for a Better Future 137\u003c\/p\u003e \u003cp\u003eThink InsurTech Culture Before InsurTech Adoption 140\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6. The Value Chain\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Four-Step Practical Guide to Build InsurTech Value Chain Ecosystems 148\u003c\/p\u003e \u003cp\u003eSell Your Insurance at the Right Time – Consider Micro Policies 153\u003c\/p\u003e \u003cp\u003eInsurTech: Refreshingly Different – Like Lemonade! 157\u003c\/p\u003e \u003cp\u003eForget Peer-to-Peer, the Future of Insurance is Invisible and Parametric 161\u003c\/p\u003e \u003cp\u003eBehavioural Design and Price Optimization in InsurTech 165\u003c\/p\u003e \u003cp\u003eData Changes Everything 171\u003c\/p\u003e \u003cp\u003eBeware of GDPR – Take your Cyber Risk Responsibility More Seriously 175\u003c\/p\u003e \u003cp\u003eWhy Claims Sharing? Innovating within the Businessto-Business Insurance Claims Handling Ecosystem 179\u003c\/p\u003e \u003cp\u003eReinsurers Need Backward Innovation 182\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7. Business Models\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBusiness Model Innovation – From Incremental to Disruptive 190\u003c\/p\u003e \u003cp\u003eThe Future of Insurance – From Managing Policies to Managing Risks 195\u003c\/p\u003e \u003cp\u003eSeeing through the Hype – A Closer Look at Key Smart InsurTech Business Models 199\u003c\/p\u003e \u003cp\u003eAssessing the Long-Term Viability of the Insurance Peerto-Peer Business Model 202\u003c\/p\u003e \u003cp\u003eYou Said … Sharing Economy? 206\u003c\/p\u003e \u003cp\u003eFrom Claim Settlement to Claim Prevention – How Insurers Can Make Use of Predictive Analytics to Change their Business Model 211\u003c\/p\u003e \u003cp\u003eTrue Business Model Innovation – a Credit-Based Approach 215\u003c\/p\u003e \u003cp\u003eFrom Event-Focused Insights to Coaching 218\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8. You Said Tech\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBecoming Tech-First – Why Adopting a “Tech-First” Mindset is Non-Negotiable 227\u003c\/p\u003e \u003cp\u003ePractical Robotics in Insurance – The Future is Here Already 231\u003c\/p\u003e \u003cp\u003eFrictionless Insurance in a Land of Utility 236\u003c\/p\u003e \u003cp\u003eThe Smart Journey – From Contract Hype to Insurance Reality 240\u003c\/p\u003e \u003cp\u003eInsurTech and AI – You Can Run but You Cannot Hide from the Future 244\u003c\/p\u003e \u003cp\u003eBlockchain Startups – Unlikely Heroes for the Insurance Industry? 247\u003c\/p\u003e \u003cp\u003eAlexa, Can You Get me an Insurance? A Structured Approach to the Hyped Technology of Voice-Based Assistants 250\u003c\/p\u003e \u003cp\u003eInsurTech’s Big Questions – Why the Customer is Still Always Right 254\u003c\/p\u003e \u003cp\u003eClaimsTech – The InsurTech’s Action List 257\u003c\/p\u003e \u003cp\u003eTechnology is Not Enough 260\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9. InsurTech Futures\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDigital Transformation and Corporate Innovation Management –an Incumbent’s Action Plan 268\u003c\/p\u003e \u003cp\u003eThe New World of the Connected Customer – The Future of Microinsurance? 271\u003c\/p\u003e \u003cp\u003ePersonal Asset Liability Management System 274\u003c\/p\u003e \u003cp\u003eSocial Media in Insurance 277\u003c\/p\u003e \u003cp\u003eInsurTech and the Promise of “Property Value Hedging Technology” 280\u003c\/p\u003e \u003cp\u003eInsurance 2029 – Life Backup Companion 283\u003c\/p\u003e \u003cp\u003eList of Contributors 288\u003c\/p\u003e \u003cp\u003eIndex 303\u003c\/p\u003e  \u003cp\u003e\"This is a useful addition to the editorial team's collection of crowd sourced books, and it will be interesting to see what they come up with next.\" (\u003cem\u003eIrish Tech News,\u003c\/em\u003e June 2018)    \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSABINE L. B. VANDERLINDEN\u003c\/b\u003e is the CEO and Managing Director of Startupbootcamp InsurTech, Europe's leading early-stage and independent accelerator for insurance technology startups, and Rainmaking's corporate innovation and growth venture focused on the insurance and InsurTech spaces. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eNICOLE ANDERSON\u003c\/b\u003e is a multiple time technology entrepreneur and an innovation thought leader who is passionate about technology business models that are challenging the status quo and provide greater inclusion for people globally, focused on emerging technologies and emerging markets.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSH N M. MILLIE\u003c\/b\u003e is a Board Advisor, Business Coach and hands-on Growth and Strategic Communications Specialist. Highly-respected in UK General Insurance and InsurTech, she founded her own Growth consultancy Bright Blue Hare in 2016. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSUSANNE CHISHTI\u003c\/b\u003e is the CEO of FINTECH Circle and the FINTECH Circle Institute, offering fintech online courses across InsurTech, WealthTech, RegTech, enterprise innovation, blockchain and cryptocurrency technologies. She is also the Co-Editor of the bestseller \u003ci\u003eThe FinTech Book\u003c\/i\u003e and a guest lecturer at leading universities globally.      \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTHE DEFINITIVE RESOURCE FOR UNDERSTANDING THE INSURANCE DIGITAL REVOLUTION\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe InsurTech Book\u003c\/i\u003e is the groundbreaking guide to the disruptions, innovations and opportunities that technology affords the insurance sector. The book presents the insights, the current thinking and the actionable strategies from a wide range of international contributors who are experts on the topic. The authors explain why the traditional ways of doing business will soon become irrelevant and offer a guide to thriving in the digital revolution. \u003c\/p\u003e\u003cp\u003eThe book provides the information needed for holistically connecting insurance and technology. Discover new ways of grasping and defining growth opportunities and explore the business models, value chain, customer engagement strategies and organizational structures that can be adopted to transform the insurance industry. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe InsurTech Book\u003c\/i\u003e is an invaluable source of the most current information available for entrepreneurs, innovators, insurers, investors, analysts and consultants working in or interested in investing in this space.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990265839845,"sku":"NP9781119362210","price":39.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119362210.jpg?v=1761787122","url":"https:\/\/k12savings.com\/products\/the-insurtech-book-isbn-9781119362210","provider":"K12savings","version":"1.0","type":"link"}