Building an Insurance Ecosystem LEVERAGING ON TECHNOLOGY TO DELIVER VALUE IN THE INSURANCE SPACE
“ There is nothing new under the sun ” Just endless repackaging
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Technology hasn’t changed what we do It’s changing how we do
Clicks are thicker than bricks Volume of Transactions 85,3% 14,1% 0,2% 0,2% 0,1% 0,0% Mobile POS RTGS Internet ATMs Cheques
We are still pooling risks Risk Risk Risk Risk Risk Risk Risk Risk Risk Risk Risk Risk Risk
I’ll organize it myself: rise of peer – peer insurance I’ll organize it I’ll organize it Organize it myself with a myself for me little help Traditional Insurer Mutual Society
What is driving industry movement? CAPITAL REQUIREMENTS REGULATION
What does future insurance look like? www.sli.do password IIZ
I’ll organize it myself: rise of peer – peer insurance Leverage Digital I’ll organize it I’ll organize it Organize it myself with a myself for me little help Traditional Insurer Mutual Society
What is driving industry movement? Current Future INSURANCE & TECHNOLOGY Who will Leverage Who? CAPITAL CONSUMER REQUIREMENTS POWER ON DEMAND REGULATION INSURANCE
How Blockchain is taking it to next level $ $ $ $ Claimant $ $ $ $ Escrow $ $ $ $ $
Ecosystem thinking Exercise Live Play Sleep Sleep Work Love Travel Eat Relax Learn
“It is sweet to them to take the monies; but when disaster comes it is otherwise and each man draws his rump back, and strives not to pay” Francesco di Marco Datini 14 th Century Florentine Merchant
Insurance (in-shoor-uhns) A business that involves selling people promises to pay later that are never fulfilled. Urban Dictionary 21 st Crowdsourced Dictionary
“ There is nothing new under the sun ” Just endless repackaging
Seems our forefathers had it right all along
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