Zeus Shield Smart Insurance Market V0.7

July 22, 2017

Insurance is an important tool for transferring risks. By nature, it is a form of mutual assistance between different groups. People transfer the risks that they cannot or do not want to bear to the insurer collectively and thus pay a small but regular amount in exchange for enormous economic guarantees. In this way, risks are transferred in the form of insurance. The blockchain is a distributed ledger technology. It is accessible to the public, inalterable and unforgeable, and therefore has the potential to help humankind turn the concept of an“Internet of value” into a reality. The blockchain is a fundamental technology for our species’ next phase of development and will affect all walks of life with its simple but perfect technical design.

Spotlight

Insurance Brokers Association of Ontario

A membership-based organization serving over 12,000 independent insurance brokers across Ontario. We represent our members to government, regulatory bodies and the insurance industry, advocating on behalf of the consumer. We ensure the needs of brokers are taken into account when government or industry seek to introduce policy shifts that affect brokers across the country. We act as consultant on insurance everything, collaborating to define regulation, education and best practice. Inspired by our membership in everything we do, we're unique but we're the same and we're stronger together.

OTHER WHITEPAPERS
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Motor insurance: Acquiring and retaining the right customers in a post COVID-19 world

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The impact of the COVID-19 outbreak has been devastating for the global economy, and with many countries in extended lockdown, there has been a seismic shift in customer behaviour and business operations.

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Reimagining insurance benefits for a changing workforce

whitePaper | June 7, 2022

Can traditional L&A carriers—the old faithful faces of the insurance industry— really take on new market entrants and nimble InsurTechs to re-shape the face of group and worksite benefits? With the right tools and mindset, the answer is yes. Hailed as “the Great Resignation,” the workplace attrition crisis during the COVID-19 pandemic saw millions of workers across the globe re-imagine their working lives and leave their employers in search of something new. It would be natural to think of this trend as a negative, triggering a universal business-critical challenge. But dig deeper, and a significant opportunity emerges for employers to reassess the way they attract, retain and value their workforce—and for providers to reimagine the products, such as life and group insurance, that enable this. With no obvious end in sight for a trend hallmarked by frequent job changes and the enduring nature of the gig economy, group carriers would do well to think about how they will now adapt to the evolving employee benefits market. – for both active employees and those that are leaving or have left traditional employment.

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Expecting The Unexpected: Australia’s preparation for financial uncertainty

whitePaper | March 15, 2023

For the seventh consecutive year, NobleOak has commissioned research into Australia’s life insurance industry. The goal? To better understand the forces shaping consumer demand in a rapidly evolving sector. Why? Because we hope our findings can help improve the customer experience and the value that Australians receive from products within the life insurance industry.

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Demand Side of Cyber Insurance in the EU

whitePaper | February 9, 2023

The main objective of this analysis is to understand and identify current requirements and challenges faced by operators of essential services (OESs) when contracting cyber insurance. Accordingly, the aim of the analysis is to provide recommendations to policymakers and OES on possible ways to face these challenges. The work is particularly focused on the analysis of OESs as acquirers of cyber insurance products and services.

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Improving the Speed and Efficiency of AI-Enabled Damage Assessment in Insurance

whitePaper | May 16, 2022

The combination of high-resolution aerial imaging and artificial intelligence has practical applications for multiple use cases, such as manufacturing defects detection, environmental impact studies and planning, urban vegetation mapping, and precision agriculture. Now, as major natural disasters have increased, the insurance industry is using aerial imagery and AI for damage assessment. This is part of an expanded focus on post-event analysis that uses data, AI, and analytics to understand risk mitigation. Aerial imagery and AI can help address varying spectral bands of resolutions and other factors that the human eye cannot easily connect.

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Reinsurance management: The biggest risk in insurance?

whitePaper | June 14, 2023

Reinsurance is a vital function, empowering insurers to offer more coverage to more customers at a more competitive price. But at a time when every insight, innovation and advantage is needed to help insurers take ownership of their reinsurance program, their antiquated reinsurance management systems and methods may be the biggest factor limiting their reinsurance program success and business performance.

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Spotlight

Insurance Brokers Association of Ontario

A membership-based organization serving over 12,000 independent insurance brokers across Ontario. We represent our members to government, regulatory bodies and the insurance industry, advocating on behalf of the consumer. We ensure the needs of brokers are taken into account when government or industry seek to introduce policy shifts that affect brokers across the country. We act as consultant on insurance everything, collaborating to define regulation, education and best practice. Inspired by our membership in everything we do, we're unique but we're the same and we're stronger together.

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