Z/Yen and PwC invite participants in the insurance market to join the InsurTech Academy, to explore areas of common interest in MDLs and related new technologies.
The core question is “how can InsurTech enhance wholesale and retail insurance and reinsurance”. The four themes are:
The InsurTech Academy has an immediate practical agenda to identify MDL applications for which there is a positive business case at firm level and to obtain cross-firm agreement for implementation. In the first instance the collaboration would produce the following outputs:
The Academy will also provide a programme of training, round tables, and other events to assist participants to bring their key staff members up to speed on the capabilities of the new technology and to develop and share ideas. We have scheduled four roundtables on advanced technology integration and four on security already.
The intention would be for the collaboration to identify applications with positive business cases and to support their implementation. Members would have to commit to attend or otherwise participate in governance meetings and decisions, and to contribute to the scoping exercise for the applications.