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Insly Insurance Innovation Insights

Hello and welcome to the very first Insly newsletter! The insurance industry is going through some exciting changes and there are plenty of stories from innovators all over the world. We thought it would be a good idea to share them with you as well as keep you up to date on what´s happening with us.

What’s new in Insly? 
  • Tutorial videos are now done and you can take a look here
  • From August 2014 - January 2015 we have had 600 clients signed up
  • Credit card and PayPal billing is now available
  • We are getting ready to launch the Acord forms in the US
  • Insly blog: Insurance Events for 2015 and Insly selected into FinTech50
Did you know?
  • Only 4.4% of the people in Africa are insured (Watch the video)
  • 30% of insurance business is expected to be generated via digital channels within the next 5 years (Watch the video)
  • Nearly 40% of insurance customers say they expect to increase their use of digital channels to a couple of times a year by 2018 (Read more)
  • Insured losses that were caused by natural disasters were 38% lower in 2014 than the ten-year average of $63 billion (Read more)

Know the market you operate in

Google is getting ready to sell insurance in the US
Google has been helping users buy insurance in Europe since 2012, but a series of clues suggest they may be about to take that business to the US. A new report from an analyst named Ellen Carney at Forrester takes a look at Google Compare, the company's auto insurance hub, and finds some convincing evidence that the program may be coming to America in 2015. (Read more)

How the Cloud Will Transform Business by 2020
The cloud can save you time and money, but it also has the potential to change the way you do business.
The percentage of U.S. small businesses using cloud computing is expected to more than double during the next six years, from 37 percent to nearly 80 percent, according to a study from consulting firm Emergent Research and financial software company Intuit. (Read more)

 
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