Questions and research related to changes going on in and around the insurance industry.

1. Rethinking
insurance

2. Question # 1
How can peer-to-peer
insurance help people?

3. Transparency is one of the biggest benefits
of the peer-to-peer insurance model.
https://www.ft.com/content/c4bd7bcc-872f-11e6-a75a-0c4dce033ade

4. In peer-to-peer insurance, the money that is left at
the end of the year is
1. given back to the customers,
2. used to reduce next year’s premiums, or
3. given to a cause / charity.
https://www.ft.com/content/c4bd7bcc-872f-11e6-a75a-0c4dce033ade

5. If – during a year – people have not used what
they paid into their https://www.friendsurance.de,
they get their money back.
http://blog.riskgenius.com/peer-to-peer-risk-sharing

6. Every month, people who use http://www.tongjubao.com/ are
informed about
1. the number of claims and their amounts,
2. if claims are accepted or not and why.
If a community has a lower risk than the national average, people
get a part of their fee back.
http://www.tongjubao.com/

7. What https://lemonade.com/ is all about:
1. We’ll pay fast. Cheers for technology.
2. We’ll show you where your money goes. Radically transparent.
3. We’re driven by a community-focused and do-good culture. We give
back leftover money to a cause you believe in.
https://blog.lemonade.com/2016/08/30/hello-world/

8. 6 other examples of peer-to-peer insurance:
http://www.axieme.com/
https://boughtbymany.com/
https://heyguevara.com/
https://www.inspeer.me/
http://www.uvamo.com/
https://wearesosure.com/

9. Question # 2
What changes in
competencies do insurance
companies need?

10. To meet changes happening in the external environment,
insurance companies need to involve people with skills in,
for example,
 advanced analytics,
 agile software development,
 emerging and web-based technologies.
http://www.mckinsey.com/industries/financial-services/our-insights/automating-the-insurance-industry

11. http://www.bimamobile.com/ brings more affordable
insurance solutions to people in emerging markets via
their mobile phones.

12. People want a simple
insurance product. They
just want a payment if an
accident happens.
In Pakistan, when a person
makes a claim before
11am, the person has the
money before 3pm.
http://insurancelinked.com/perspectives-interview-with-richard-leftley-reaching-the-80/
Richard Leftley.
http://microensure.com/

13. The overall revenue for the insurance industry will
be reduced as self-driving car manufacturers
and sharing economy platforms begin to
self-insure.
http://www3.weforum.org/docs/WEF_The_future__of_financial_services.pdf

14. Drones can help assess damage quickly,
safely, and cheaply after catastrophes.
http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/making-digital-strategy-a-reality-in-insurance

15. Full time
employees in
the insurance
industry in %.
2015 and 2015
http://www.mckinsey.com/industries/financial-services/our-insights/automating-the-insurance-industry

16. Question # 3
How can we all help
increase investment
in prevention?

17. Peer-to-peer insurance members exchange
information over social media to improve
the management of risks.
http://www.iamagazine.com/magazine/read/2016/08/01/will-peer-to-peer-insurance-startups-disrupt-the-industry
https://medium.com/@kylenakatsuji/insurance-2-0-p2p-and-structural-innovation-94ee6bf5643c#.2rhj30udd

18. Sources
http://cgd.swissre.com/
https://openminds.swissre.com/

19. www.zurich.com invest in building outdoor
fitness areas www.zurichvitaparcours.ch
throughout Switzerland.
http://www.pwc.com/en_GX/gx/insurance/assets/pwc-insurance-2020-unleashing-the-value-from-values.pdf p. 8.

20. http://www.zurichvitaparcours.ch/

21. The health care app https://www.sanitas.com/active
helps people gain points they can use to save money
when buying products and service.

22. AllLife provides affordable life cover for individuals
living with HIV or Type 1 or Type 2 diabetes
mellitus who commit to follow an appropriate
health monitoring and treatment program.
http://www.alllife.co.za/

23. Further inspiration
https://www.pinterest.com/frankcalberg/outdoor-fitness-tools/
https://youtu.be/e9BP0Xeu_8I