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5 JULY 2023 5JULY 2023CXO INSIGHTSCXO INSIGHTSC O NT E NT SHow Insurance Solutions Can Help Protect Tech Companies as They GrowAndrew Zarkowsky, Head of Technology Industry Practice, The Hartford [HIG: NYSE], Nick Kreczko, AVP, Hartford Stag Ventures and Dan Neubelt, Senior Analyst, Hartford Stag Ventures24How Open Insurance can learn from Open BankingStefan Stignas, Head of Exploratory Banking & Strategic Partnerships, SEB26Why are Property Insurance Premiums so Unpredictable?Kelley Shapiro, Vice President, Risk Management, LightstoneThe Importance of Insurance AnalyticsBernard Khomenko, Vice President of Actionable Analytics and Doug Levit, Director of Analytics,Alliant Insurance Services1416Insurtechs - Threat or SolutionJaqueline Monteiro, Insurance and Risk Manager,SAE Towers22Are Your Current Clients Your Biggest Exposure? Professional Service Provider Basics Are Critical to Reducing Claim ExposureNatalia Greene, Esq.,Senior Vice President of Risk Management, Lemme, A Division of EPICRevolutionizing Insurance 18INSURANCE ANALYTICSSOLUTIONS PROVIDERS - 2023TOP 10Featured CompanyYodek ServicesDaniel Hutto,CEO1617 5JULY 2023CXO INSIGHTSCXO INSIGHTSC O NT E NT SHow Insurance Solutions Can Help Protect Tech Companies as They GrowAndrew Zarkowsky, Head of Technology Industry Practice, The Hartford [HIG: NYSE], Nick Kreczko, AVP, Hartford Stag Ventures and Dan Neubelt, Senior Analyst, Hartford Stag Ventures24How Open Insurance can learn from Open BankingStefan Stignas, Head of Exploratory Banking & Strategic Partnerships, SEB26Why are Property Insurance Premiums so Unpredictable?Kelley Shapiro, Vice President, Risk Management, LightstoneThe Importance of Insurance AnalyticsBernard Khomenko, Vice President of Actionable Analytics and Doug Levit, Director of Analytics,Alliant Insurance Services1416Insurtechs - Threat or SolutionJaqueline Monteiro, Insurance and Risk Manager,SAE Towers22Are Your Current Clients Your Biggest Exposure? Professional Service Provider Basics Are Critical to Reducing Claim ExposureNatalia Greene, Esq.,Senior Vice President of Risk Management, Lemme, A Division of EPICRevolutionizing Insurance 18INSURANCE ANALYTICSSOLUTIONS PROVIDERS - 2023TOP 10 JULY 202316CXO INSIGHTSINSURTECHS - THREAT OR SOLUTIONBy Jaqueline Monteiro, Insurance and Risk Manager, SAE Towers Insurtech is the term used for companies that use technology applied to the insurance industry. Although very common in the international market, in Brazil and Latin America its applicability still generates uncertainties.Insurtechs are startups, responsible for digitizing any processes involving insurance services. The central idea of these companies is to ensure practicality in solving problems, making the consumer's life easier, and impacting the way consumers hire insurance plans.There are several challenges to the advancement of technologies for companies. Thinking about general aspects, here in Brazil, the Technologies must adapt to the LGPD - General Data Protection Law that is in force, being necessary that the companies comply with the determinations of the National Data Protection Authority (ANPD).Another important point is about the adaptation to the hybrid work system. Companies are having to adapt their network infrastructures to guarantee remote work with complete data security.Very aligned with Insurtechs, is the implementation of the new "mobile first ", models that create applications to optimize services to customers quickly and conveniently, we have seen this happen in most services and businesses. Maintaining the digitization of services and processes is another relevant factor. After the pandemic, companies had to adapt to digital processes and this reality seems to be permanent.Having Big Data to concentrate sensitive and useful data is something that companies cannot forget. Finally, I reinforce the importance of companies having a solid and complete IT area, suitable for the size of the company or having a Field Service service to meet the demands and profiles of the company.Despite the efforts made by Insurtechs to reduce the bureaucracy of contracting insurance, maintaining an Insurtech is very difficult: regulatory costs are high, and A clear profitability plan is needed. Listen and evaluate the critics, they can help direct your business to mitigate your bigger risksJaqueline Monteiro17
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