Press review January 15th, 2018

revue de presse du 15 janvier 2018

Here is a little overview of articles that caught my attention and deserve to appear in the “press review January 15th, 2018”!

O’Reilly offers books on data and artificial intelligence

The famous publisher of computer science books has a library of 80 of its publications on big data, artificial intelligence and data science, published between 2012 and 2016. Essential detail: the download is free, in pdf, epub or mobi.

Remember: when it’s free, you’re the product! O’reilly asks for your name, first name and email to download, but nothing forces you to enter the real …

press review January 15th, 2018

Not so accidental road accidents

Mathieu Grossetête is a researcher at the university research center on public action and politics. We propose in the Diplomatic World a reading interestingly, accidentology by car.

It appears that the prevention policies of Road Safety may now reach their limits because they are poorly targeted! Or when the art of data analysis becomes essential to better control a phenomenon, and treat it correctly!

Exciting article to read, which makes us rethink the notion of risk analysis, the perception of events. Finally, it simply invites us to change our way of thinking.

press review January 15th, 2018

Typologies of wearables

Evan Kirstel, one of the leading thought leaders in connected health, offers us a panorama of typologies of connected objects for health, aka wearables. This one goes a little further than the usual dichotomy watch and bracelet vs balance!

press review January 15th, 2018

Deloitte: human collaboration – machines

A visual of a Deloitte study, found on Twitter, gives an interesting reading of the symbiotic relationship that can develop between humans and machines. All thanks to the service rendered!

press review January 15th, 2018

Axa and telemedicine

Jacques de Peretti, CeO of Axa in France announced this week the launch of telemedicine in companies and openness from service to experts.

The second service is the extension of the current service (which I had the opportunity to test personally and which is very good). On the other hand, the first one supposes major investments and questions around the model chosen by Axa.

The question of danger, posed by Olivier Harmant, is in my opinion not relevant.

press review January 15th, 2018

However, what is the return on investment of this model for a complementary insurer? Indeed, a teleconsultation at the expense of the complementary supposes a cost support higher than the usual part. In order to be financially attractive, such a service needs to be either cheaper than normal consultation or to reduce risks. For now, teleconsultation is a vector of brand image and carries a demarcation line with respect to the competition. However, when everyone will do it, it will be necessary to consider the business model that goes with it!

Finally, should not this be the role of an intermediary platform? The latter would make this service available and look for the insurer who answers it. On the contrary here, it is carried directly by a complementary insurance? What does this say about our public health insurance? A lot of questions, few answers for now!

NEWS – What you may have missed in 2017

revue de presse du 15 janvier 2018

What you may have missed, like me in 2017!

If like me, you follow between 50 and 70 sources of information (rss feed) on a daily basis, not counting the linkedin and Twitter publications, it sometimes happens to lose your mind and miss some interesting information.

More specifically, it often happens to see an article that we think would be interesting and keep it for later. But this later comes only rarely and we end up with a small stack of articles to read!

For me, this blog has solved the question about the publication of reports, which remained on my desk waiting for something. For the articles, it is not quite that still, and I find myself at the end of 2017, with a good fifty articles under the elbow. Here are some of them, which you may have missed too!

The Tribune – Assurtech: a disrupted industry, for the benefit of the customer?

link: https://www.latribune.fr/opinions/tribunes/assurtech-une-industrie-disruptee-au-benefice-du-client-717687.html

Daniel Haguet, professor of finance at EDHEC, who was few (hum) years ago my teacher, gives his opinion on the phenomenon:

  • 75% of insurers consider that their industry could be disrupted
  • Big data, by aggregating data, even out of the insurance, allows a customization of offers
  • Distribution is growing online thanks to the rise of the internet
  • For many players, the challenge is to take a stake in these structures, to take advantage of both technological advances and the “captive” portfolios of clients.

Note: For a selection of insurers’ strategies with insurtechs, it is here !

Structuring technologies and forces

Seen on Twitter, but unfortunately without noting the source, I share it, because although incomplete without a caption, it seems to me wider in its acceptance of technologies than many current reports and panoramas, including mine !

what you may have missed

Here’s another one, which gives a little overview of the issues ahead.

what you may have missed

Medium – Insurance as a smart contract

link: https://medium.com/aigang-network/insurance-policy-as-a-smart-contract-fully-automated-process-too-good-to-be-true-39c613c18d8d

Aigang Network summarizes what insurance contracts will be tomorrow, thanks to smart contracts. Better yet, rather than a long speech, they made a demo, wrote the code around an Ethereum blockchain ( accessible on github ) and an app to test it, as well as a video, here:

Note: For a selection of articles on the blockchain, this is here

Risk management – Investing in the insurtech toolbox

link: http://www.rmmagazine.com/2017/06/01/investing-in-the-insurtech-toolbox/

A small inventory of insurtech solutions that address the issues of risk management:

  • Understory weather
  • Safety culture
  • Security Scorecard
  • Risk IQ
  • CapeAnalytics
  • Cyence
  • Human Condition Safety
  • DAQRI Smart Helmet

Note: To find my overview of insurtechs, it’s here !

Intercom Blog – Machine learning is easier than it looks

link: https://blog.intercom.com/machine-learning-way-easier-than-it-looks/?utm_content=buffer25695&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
Once is not customary, a somewhat technical article, but that gives a specific example of what can be done with machine learning in 40 lines of code. Frankly, it’s a gift!

Note: For a selection of articles on artificial intelligences, it’s here !

The digital journal – connected objects of health, french social security does not perceive the added value

link: http://www.larevuedudigital.com/objets-connectes-de-sante-la-securite-sociale-nen-percoit-pas-la-valeur-ajoutee/

The title is deliberately provocative and surely a little removed from reality, when we know the current reflections! However, Laure Beyala, a biomedical engineer in Bichat, who has published a book on connected health objects, offers an interesting vision of the issue. She returns in particular on key concepts: Role of the social security, the insurers, DMP, brakes with the development, etc.

Note: For a selection of articles on connected objects, it’s here !

P & C360 – Telematics in auto claims is inevitable

link: http://www.propertycasualty360.com/2016/08/18/telematics-in-auto-claims-is-inevitable?slreturn=1515504588

This article is totally in sync with my opinion on embedded telematics (see my predictions for 2018 or even my note of conjuncture on this subject ). It goes back to what can be done with it, and why the use of this technology for disasters is inevitable!

Note: For a selection of telematics articles, it’s here

Insurance Thought Leadership – Why is Customer Experience Key?

link: http://insurancethoughtleadership.com/why-customer-experience-is-key/

This article is about a concept that I consider essential! Data, processes, technologies must be oriented around the customer and his needs. This is all the more true as connected objects and their billions of data become more and more accessible in the years to come.

Note: For a selection of articles on the user experience, it is here !

Design thinking

A visual that I like about design thinking and ideation strategy that I integrate more and more in my thoughts because totally related to the notion of innovation. The content could not be done without the form …

what you may have missed

SwissRe – Global Insurance Review 2017

global insurance review 2017

Version Française ici.


SwissRe has just published its global insurance review 2017 and its 2018 forecasts. The document is available at this link (Global insurance review) .

Innovation is essential, but to identify new answers, I remain convinced that we need to understand the state of the current market. This type of report is therefore essential to refine the grid of reading of what is happening in the world around us! This is particularly right as they give valuable insights into innovative solutions!

The four main themes covered in this document are:

  • Continued cyclical economic recovery at the macroeconomic level, although risks of instability persist;
  • Obviously, a big subject on the natural disasters of the year! These are causing great difficulties for all the systemic insurers in the area and therefore even more so for reinsurers;
  • Life insurance re-insurers adapt to the new deal;
  • Stable emerging markets in non-life and strong growth in life.

Key Points from the 2017 Global Insurance Review

More globally, here are the 10 points that SwissRe puts forward:

  • The rise of protectionism in large markets: in the United States, but also Brexit or the situation in Catalonia. This phenomenon is however not uniform (for example Latin America is liberalizing)
  • Monetary policy : what about the gradual end of quantitative easing?
  • Cyber ​​risk : The market is growing rapidly, and the stakes are high, particularly in terms of the quantity and quality of data needed for risk monitoring and pricing. A particular focus is to read p15 of the doc on this subject. Indeed, an estimated growth of 30% per annum of this market over the next 5 years should not be underestimated.
  • Increasing auto claims : More and more miles traveled, more traffic and distracted driving are the first drivers. The key is always technical results.
  • Brexit and the UK insurance market: Depending on the UK exit format, premiums should be reduced by 8 to 20%. This is a considerable shock on the market.
  • Innovate to increase the scope of insurability, especially in the “commercial” segments: I come back to this point just after
  • Losses related to Natural disasters (hurricanes).
  • Protecting Floods : Tools now exist to assess flood risk, and collaboration with states is needed to ensure the best coverage of this risk.
  • IFRS17 : Investments will be needed around the data to ensure good data collection and analysis.
  • Insurtechs in China : I’ll come back to this point below.

Increase insurability

On the perimeter of the “commercial” contracts (on which I am working rather seriously lately), innovation brings new solutions.

Swiss Re cites, of course, parametric insurance solutions, coupled with a global vision of risk, that solve complexities of the process at the time of the claims. On the other hand, it does not bring any real additional value talking about premium reduction for example.

The most important point about these contracts is that it is now possible to insure elements previously impossible to cover. This offers interesting growth opportunities. For example: image loss, product recalls, weather protection, or financial risks of increasing energy prices. This is now possible thanks to better access to risk data and a better assessment of its consequences.

Insurance can therefore strengthen its position as a protector of corporate investments and offset the risks of earnings volatility.

global insurance review 2017 global insurance review 2017

Insurtechs in China

A small recap is proposed on the issue of insurtech in China, where the growth of Zhong An is particularly impressive (insurtech largest insurer of the world).

2 successive waves took place in China:

  • A first from 2001, around the online distribution, which brought the online market share to almost 8%;
  • The second in recent years, which exploits new technologies and especially big data (telematics or insurance to use / UBI)

Prospects can still open up to cover the ecosystem of e-commerce, and even consider the entry of new players outside the insurance world.

The Chinese regulator seeks to constrain certain segments (such as online lending), but it is generally rather a support for innovation.

global insurance review 2017 global insurance review 2017

My opinion on the global insurance review 2017

Always of very good quality, the Swiss Re reports are full of information and figures. One could blame them for their lack of pedagogy and the austere aspect of their reports, which prevent a diffusion to the greatest number. It may be the price of quality!

Selfie-Insurance: underwriting on physical appearance

assurance au selfie

En Français ici


A recent communication from Quilt, the us-based company offering an insurance underwriting based upon a selfie, has been massively shared (especifically in France on this very good blog). More shared anyway than this article published in june about Lapetus, the underlying technology! It is the opportunity to come back to the operating model, the advantages and the drawbacks to keep in mind. Continue reading “Selfie-Insurance: underwriting on physical appearance”

SwissRe – Unveiling the full potential of telematics (Italy)

Re/insurer Swissre regularly publishes notes of analysis or expertise on its areas of specialization. They recently published a study (Unveiling the full potential of telematics – an Italy case study) on the evolution of telematics, these connected objects embedded in cars. This study follows a more general and similar one published at the end of 2016: Telematics – Connecting the dots.

The starting point is simple. Italy has the highest rate in Europe of insurance offers based upon these famous telematics. One can find there the highest penetration rate of these connected objects in the vehicles. This report is intended to provide feedback and, more importantly, to consider what options could be extended to other countries.

Continue reading “SwissRe – Unveiling the full potential of telematics (Italy)”