Discover and read the best of Twitter Threads about #InsurTech
Most recents (7)
#India's #startup ecosystem raised $455 million across 24 deals last week (Jan.16-21,'23) with #fintech #unicorn PhonePe turning decacorn at $12 billion valuation.
#StartupIndia #DigitalIndia #VentureCapital #funding #Entrepreneurship #innovation #Motivation #prosunjoyi #Thread
#StartupIndia #DigitalIndia #VentureCapital #funding #Entrepreneurship #innovation #Motivation #prosunjoyi #Thread
#India's #startup ecosystem raised $126 million off 16 deals last week (Jan.23-28,'23) across #cybersecurity, #deeptech, #energy, #gaming, #logistics, #SaaS, etc. with total #funding for Jan.'23 crossing $1 billion. #StartupIndia #DigitalIndia #VentureCapital #inspiration #Thread
#India's #startup ecosystem raised $49 million off 12 deals last week (Jan.30-Feb.4,'23) across #EVs, #freight, #manufacturing, etc. #StartupIndia #DigitalIndia #VentureCapital #leadership #founders #Entrepreneurship #MondayMotivation #inspiration #innovation #prosunjoyi #Thread
Tesla Insurance has been on the market for 3 years, here are 10 things to know about this #InsurTech-like initiative🧵
#FinTech
#FinTech
It was launched in August 2019 and available only in California
The initial target was to provide "Tesla owners with up to 20% lower insurance rates"
Agencies are clamoring for "open APIs" from #insurance carriers, insurtechs, incumbent AMS systems, etc.... but very few are ready or able to effectively integrate. Here's our checklist when working with a new API partner. (P.S. we only work with carriers who have open APIs)
1. API documentation for all Personal Lines P&C (schema, example requests, example payloads)
Business/SME: Responsible for gathering documentation and placing in shared folders.
Tech: Responsible for verifying documentation contains details needed to do integration.
Business/SME: Responsible for gathering documentation and placing in shared folders.
Tech: Responsible for verifying documentation contains details needed to do integration.
2. Coverage Abbreviation codes used by API documentation identified
Business: Responsible for gathering docs that outline coverage abbreviation and supported coverage amounts.
Tech: Responsible for checking coverage abbreviation and amounts are valid with API documentation.
Business: Responsible for gathering docs that outline coverage abbreviation and supported coverage amounts.
Tech: Responsible for checking coverage abbreviation and amounts are valid with API documentation.
Benefits of #AI Technology in Various Industries: bit.ly/3cXXUOj
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See #DataScience Applications also: bit.ly/2LJKE21
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#abdsc #DigitalTransformation #BigData #MachineLearning #IoT #IoTPL #IIoT #Agtech #Martech #Healthtech #Fintech #Insurtech #Retail Travel…
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See #DataScience Applications also: bit.ly/2LJKE21
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#abdsc #DigitalTransformation #BigData #MachineLearning #IoT #IoTPL #IIoT #Agtech #Martech #Healthtech #Fintech #Insurtech #Retail Travel…
[1/5] Top #DataScience Use Cases in various industries:
Agriculture: bit.ly/2UG7OYl
Administration: bit.ly/2YbUAYa
Banking: bit.ly/2LwvOZ9
Construction: bit.ly/2X3hMnu
Customer Support: bit.ly/2WbvVAm
#abdsc
Agriculture: bit.ly/2UG7OYl
Administration: bit.ly/2YbUAYa
Banking: bit.ly/2LwvOZ9
Construction: bit.ly/2X3hMnu
Customer Support: bit.ly/2WbvVAm
#abdsc
[2/5] Top #DataScience Use Cases in various industries:
Design: bit.ly/2pN0znt
Energy and Utilities: bit.ly/3de1aSi
Finance: bit.ly/3hGvLLs
Gaming: bit.ly/2YSz4GO
Government: bit.ly/3egIIJM
#abdsc
Design: bit.ly/2pN0znt
Energy and Utilities: bit.ly/3de1aSi
Finance: bit.ly/3hGvLLs
Gaming: bit.ly/2YSz4GO
Government: bit.ly/3egIIJM
#abdsc
A thread on how InsurTechs are going to be impacted because of #Covid_19 and what's the best way to utilize the time between now and the time when life gets back to normal, which could be easily 6-9 months!
#InsurTech #Actuary
#InsurTech #Actuary
#Funding - Given the slow down of businesses, which would create many other investment opportunities for investors, expect reduced interests from investors. Because for them InsurTechs is just another avenue, which may not be most attractive given other opportunities
#Actuary
#Actuary
Conferences and MeetUps - the upcoming opportunities to showcase the product and the idea are sure going to be reduced given #SocialDistancing. This also means lesser time and money spent on impressing the potential collaborators!
#InsurTech #Actuary #COVID_19
#InsurTech #Actuary #COVID_19
Thread alert on IRDAI Regulatory Sandbox. Did an article on the topic a few days ago to demystify it. After having thrown some light on the regulation, I seek a few answers. Tweeps, time to return the favour :) Both answers and questions are welcome [1/n]
Q1) Assuming an innovation requires relaxation in the existing regulations, which the regulator grants. What would happen to the innovation after the testing period of 6 months is over and the innovation, by design, cannot comply with the existing regulations? [2/n]
Q1) For example, pay-as-you-go insurance products are not allowed by the existing regulations. What happens if the innovation loses meaning without the relaxation of this particular norm? [3/n]
1/6 Amazing to see @qoalaid surge so quickly! The # of policies sold per month have grown 15x in the last six months -- shows that #TheTimeisNow for #InsurTech in Indonesia and #ASEAN.
2/6 In many emerging markets, FinTech evolution starts with payments, then moves to lending, then to insurance and wealth management. We’re clearly at the inflection point: 80% of @qoalaid customers never purchased insurance before!
