No less than 1,200 decision makers (a new record) representing 50 countries from all 6 continents turned the fourth edition of Digital Insurance Agenda (DIA) into a massive success.
The keynotes speeches of Zhong An, Rakuten, Hyperloop Transportation Technologies, Discovery and Bought by Many as well as the panel discussion with AIG, Generali and Munich Re set the stage for the future of insurance: Ecosystems offer new ways to become much more relevant.
Solving the real problems customers experience across the value chain requires collaborations with other parties, even with competitors. Thinking beyond insurance and thinking platforms will be the next challenge for insurers.
Teaming up with insurtechs while building these ecosystems is essential to accelerate innovation. The DIA line-up clearly showed that insurtechs are more than ready for this and actively foster ecosystems as well; in any product category, in every part of the value chain and beyond. And including collaborations with other insurtechs, to come up with solutions that are more innovative and add more value. The massive response among the audience shows that the insurance industry is embracing ecosystems as a key to the future.
Picture: Billy Song of ZhongAn on stage at DIA Amsterdam 2018
The six DIAmond Award winners of DIA Amsterdam 2018
The many insurers and insurtech investors in the DIA Amsterdam audience awarded six insurtechs the DIAmond Award for insurtech with most strategic impact; in random order:
Xtract (Ireland): Transforming motor claims by aggregating real-world crash data.
Xtract is a connected claims platform bridging the gap between the connected car and motor insurance. Xtract captures multiple data sources and data points at FNOL and derives value via data aggregation and visualization techniques. The">
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