Insurtech

Lemonade reinvents the insurance industry with machine learning

Posted on by Petra

Lemonade, a company offering home insurance policies, is a pioneer in the InsurTech world where its use of machine learning (ML) goes beyond satisfying customers and driving efficiencies to underwriting risks and managing claims
Despite its exponential growth, Lemonade’s scalability is questioned considering increasing customer demand and limitations around availability and precision of data.

Helvetia: a Swiss insurer on time with digitalization

Posted on by J.M.

While Fintechs (financial technology companies) have been transforming the banking industry for a decade, traditional insurance companies had, until recently, been protected by a heavy regulation and the complex nature of their products. It is now time for them to face the digital reality.