BIBA Working to Deliver a ‘Dating Agency’ for Brokers and Insurtechs
The British insurance
In his speech opening the 2018 BIBA conference, CEO
"If you're a broker looking to embrace InsurTech, where do you start? Simply Googling InsurTech isn't likely to give you optimal results."
"Similarly, if you're an InsurTech firm looking to collaborate, how do you find these firms, and crucially, the right person within them to speak to?
"That's where the idea of a dating agency was thought up by our cross-industry innovation group.
"Today, I can announce that will be launching this service which will bridge the gap between the two communities and further details of how to access this will be available on the BIBA website; biba.org.uk."
The service, which will be available to members through the BIBA website, will seek to put brokers in touch with InsurTech firms who are looking to partner with insurance brokers in a number of different areas. It is being developed in partnership with the insurer
The idea is one of the key outputs from BIBA's cross-industry
* Demystifying InsurTech for incumbents;
* Helping InsurTechs to become established; and
* Developing partnerships and collaboration between incumbents and InsurTech firms.
"This is our first foray in to becoming tech-innovators ourselves; it's important that we practice what we preach and lead by example.
"As well as being an important project for BIBA members, it will give us an idea of what it's like to learn from iterations to get to a solution that really delivers on what we hope to achieve; building relationships between the InsurTech and incumbent communities."
"We have had our Innovation team at
"With a prototype ready to demo at BIBA it is a great opportunity to get feedback from the wider insurance community. The output of this work will benefit both InsurTech firms and BIBA members in helping to embed technology-driven innovation within our industry"
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