Insurance Weekly News: CW 22

Overview of the latest insurance news

#Insurance

Insurwave: New blockchain platform for transport insurance

Since this week “Insurwave” is at the start. The platform uses block chain and distributed ledger technologies and brings all participants in the insurance value chain together in one central location. Responsible for the development are the auditing company EY and the software security company Guardtime. www.cityam.com/286387/ey-and-maersk-among-heavyweights-behind-launch-marine

Ask ABIE: SME insurer Allstate launches chatbot

The US insurer Allstate now offers a chatbot controlled by artificial intelligence (AI) especially for small businesses. ABIE provides real-time answers to questions about insurance solutions for small businesses. Since ABIE is controlled by Artificial Intelligence (AI), the chatbot regularly learns new questions and answers. www.prnewswire.com/news-releases/allstate-business-insurance-shares-an-innovative-resource-to-help-small-business-owners–consumers-with-top-of-mind-questions-300653033.html

#Digitization

Multi-line insurer Gothaer digitizes broker statements (GER)

Gothaer Versicherung is the first multi-line insurer to offer broker accounting as a BiPRO business transaction. Data exchange via the broker management programs of the brokers is established via interfaces. www.provision-online.de/gothaer-digitalisiert-vermittlerabrechnungen-10420.html

#Underwriting

Rapid risk analysis gets cyber policies off to a good start (GER)

Business with cyber policies in Germany still has a lot of room for manoeuvre. One of the reasons for this is the costly risk assessment, which customers often find to be intransparent. Automated rating tools can solve this problem. www.pfefferminzia.de/gewerbekunden-schnelle-risikoanalyse-hilft-cyber-policen-auf-die-spruenge/

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