24 May Innovative insurtech solutions on centre stage at DIA Amsterdam 2017
Amsterdam | May 2017 – Another successful edition of the Digital Insurance Agenda (DIA) conference is in the books and the stage has been set for a new wave of customer centric innovation. More than 50 insurtech firms joined DIA 2017 to showcase their innovative solutions to an audience of around 850 insurance executives and change agents hailing from 40 different countries around the globe.
Earlier this month, on May 10th and 11th, Amsterdam’s iconic Westergasfabriek venue played host to the second – and highly successful – edition of the Digital Insurance Agenda conference – DIA 2017. Around 850 C-level and C-1 insurance executives representing more than 250 major companies travelled from 40 different countries around the world to take part in the ‘must-see’ insurtech event. More than 50 innovative insurance technology companies were in attendance at DIA Amsterdam to present their novel solutions for accelerating innovation in the insurance sector. With tech on stage that ranged all the way from Artificial Intelligence (AI) and drones in P&C insurance to connected Internet of Things (IoT) devices and chat bots in the health and life sectors.
A total of 60 selected insurtech companies from six continents around the globe gave live demonstrations of their innovative solutions during DIA Amsterdam. Presenting start-ups included, among others: Abracar (Germany), Amodo (Croatia), BIMA (Sweden), Boundlss (Australia), Cytora (UK), Dacadoo (Switzerland), eSignLive (Canada), GetmeIns (Israel), Guardtime (Estonia), Kevinsured (Spain), NuvaLaw (South Africa) PolicyPal (Singapore), Qover (Belgium), Reply.ai (USA), RightIndem (UK), Skyglyph (Bulgaria), SnapSure and Kasko (Germany), Tribe (Norway) and Youse (Brazil).
Despite this impressive showing, only the best of the best were selected to be winners of the exclusive DIAmond Award. Insurers and insurance tech investors who were in attendance at DIA collectively chose the six best insurtech firms in show to receive the distinguished DIAmond Award for ‘insurtech with the most strategic impact’. The six insurtech firms to win the DIAmond Award included:
- Ladder [USA] | Digital term life insurance
- Friss [Netherlands] | Fraud detection and risk mitigation for non-life.
- Hover [USA] | Property claims and inspections via smartphone photos.
- Backbase [Netherlands] | Omni channel customer engagement platform.
- Sentiance [Belgium] | Moving from IoT to IoU with context-aware assistance
- Sherpa [UK / Malta] | A 360 new and smart insurance concept.
DIA Amsterdam Impressions
“The DIA line-up and the response among the audience show that digital transformation is now mainstream, and artificial intelligence and machine learning are providing the next challenge.” – Amir Tabakovic, Vice President Business Development at BigML, a provider of cloud-based machine learning services, distributed systems, and data visualisation.
“The most important challenge for incumbents however is not about technology but about cultural change.” – Mark Klein, Chief Digital Officer ERGO Group.
“Insurance carriers have to change; and they will change. But this is not an easy process.” – Amélie Oudea Castera, CMO & Chief Digital Officer at AXA.
“The live demos at DIA Amsterdam definitely made clear that insurance is at the brink of massive customer centric change. Many of the insurtechs at DIA presented applications that enhance operational excellence as well as drive customer engagement.” – Reggy de Feniks, a DIA co-founder.
Digital Insurance Agenda – aka DIA – is a leading worldwide conference that aims to accelerate insurtech and innovation in the insurance industry by connecting insurance executives with leading insurtech innovators and start-ups from across the globe. With close to a thousand participants joining from 40 countries spread across all six continents of the globe, DIA has earned the title of the most important insurtech event worldwise for change agents and C-level and C-1 executives in the insurance sector.
DIA was born from the initiative of its founders Reggy de Feniks and Roger Peverelli – authors of the globally bestselling book – ‘Reinventing Financial Services’, and the newly published title – ‘Reinventing Customer Engagement: the next level of digital transformation for banks and insurers’. Peverelli and Feniks are both listed among the top ’50 insurtech influencers’. The two founders are strengthened by the help of DIA associate Conny Dorrestijn – a well-known name in the world of fintech who is also listed among the Women in Fintech 50. With 25 plus years of experience in financial services each, these three were clearly well equipped to bring this leading insurtech event to life.
Companies represented by participants in attendance at DIA Amsterdam included, among others: AEGON, Ageas, AlfaStrakhovanie, Allianz, Alm.Brand, AmTrust, Anbang, AON, AVIVA, AXA, Baloise, Barmenia, BNP Paribas Cardif, Cathay Life, CNP, DAS, Deutsche Rueck, Die Mobiliar, DKV, ERGO, Generali, Gjensidige, Gothaer, Hannover Re, Helsana, Hiscox, If P&C, LV=, MetLife, Munich Re, NN Group, Sberbank Insurance, Sompo Japan, Swiss Re, Triglav, VidaCaixa, Willis Towers Watson, XL Catlin and Zurich