Oliver Wyman will once again be the presenting sponsor for InsureTech Connect, where entrepreneurs, investors, insurance executives, and risk managers meet to solve cutting-edge problems in the Insurance sector. InsureTech Connect 2017 will take place October 3-4 at Caesars Palace Las Vegas. Questions? Contact Oliver Wyman Partner Matt Leonard at firstname.lastname@example.org.
Follow news from the event on our new digital platform Oliver Wyman InsurTech.
Highlights from InsureTech Connect 2016
Gather firsthand insights from Brian Duperreault - former Marsh & McLennan Companies chief who was recently named the new President, CEO, and Director of AIG - during his discussion with Oliver Wyman’s Matt Leonard. "The Internet of Things can change insurance with real-time diagnostics and constant risk data," Duperreault explained, adding "the broker and agent are not going away. The buyer still wants them." In a press release related to his new role at AIG, he noted: "Putting data science and technology to work in our industry has been on my agenda for some time....I’ve learned that cross-industry partnerships - what’s now called insurtech - are the way to go."
2016 Keynote Presentation
The insurance sector faces a collision of trends, some of which are driven by technology and some of which are socio-economic in natureMatt Leonard, Partner, Oliver Wyman
In the InsureTech world, traditional labels such as "insurer," "broker," "wholesaler," and "reinsurer" no longer applyPrashanth Gangu, Partner, Oliver Wyman
New Global InsurTech Report
InsurTech Caught On The Radar: Hype Or The Next Frontier?
Our latest joint report with InsurTech investor Policen Direkt is based on a global database that tracks over 1,000 InsurTechs and other relevant players. It identifies the different existing business models and provides guidance by assessing the InsurTech activities and projects which present the next frontier in the insurance universe.
China InsureTech Report
During InsureTech Connect 2016, Oliver Wyman launched a joint report with ZhongAn, China’s first online-only insurer, about the opportunities in the Chinese InsureTech market.
In China, an underdeveloped insurance market enjoying double-digit growth, the disruptions triggered by InsureTech are causing an insurance industry revolution. One reason for the impact is the fast adoption and heavy use of online ecosystems by the Chinese. In addition, InsureTech is underpinned by a regulatory environment supportive of innovation.
The result has been a surge in new InsureTech players creating disruptive products, services, and business models. Some of these are integrating insurance products into online ecosystems and fostering groundbreaking innovations.
Watch a snippet from Oliver Wyman Partner Prashanth Gangu's exclusive interview with John Bi, the Chief Financial Officer of ZhongAn, China’s first online-only insurer. The interview was recorded live from the floor of the Las Vegas Convention Center during InsureTech Connect 2016.