AIG looks to the Fintech Innovation Lab as it continues to sharpen risk intelligence

By Rob Bauer, AIG The biggest change to risk management in the last three to five years is the power we’ve developed to know more about risks than ever before. It also links directly to why AIG is looking forward to working with the insurtechs chosen to join this year’s Fintech Innovation Lab. At AIG…

Mind the Gap: Addressing Challenges to FinTech Adoption

After nearly a decade of growth for the fintech sector, it has taken a foothold in financial services. The ability to quickly adopt external innovation is creating competitive advantages for financial services companies. Entrepreneurial fintechs decreasingly see themselves as competitors with large financial institutions, but rather as partners in a large, highly regulated marketplace. Financial…

New York Life values insurtechs with business-based creativity

By Don Desiderato This is a transformative moment for technology entrepreneurs to partner with the insurance industry. More than ever before, insurers are combining awareness of technology’s benefits with an openness to embracing technological change. That’s because heightened customer expectations and advances in technology are converging to create an extraordinary opportunity for those insurers ready…

How an entrepreneur and Fortune 500 CEO taps into hard earned lessons as a fintech mentor

By Cris Conde As I write, I’m just completing five days of intensive interviews in London with candidates for the Lab here. In my role as an entrepreneur-in-residence at the Fintech Innovation Lab, these experiences are often dizzying in one respect, bracing in another. I’ve never seen a wider extent of innovation and opportunity any…

Alumni Perspective: How the Lab Helped My AI Company Get Into Fintech

By Paul Nemirovsky My company, dMetrics, was selected as part of the 2017 FinTech Innovation Lab cohort. Since wrapping up the program with Demo Day in June, I’ve had a chance to reflect on exactly what we got out of the program. Unlike most of the Lab’s companies, dMetrics wasn’t started to serve financial clients.…

Technology, industry and funding opportunities spark the first insurtech track of the FinTech Innovation Lab

By John Cusano, Maria Gotsch and David Treat The insurance industry is in the midst of a technological transformation. According to Accenture’s 2017 Technology Vision for Insurance, 87% of insurers believe that technology is advancing at an exponential rate and 86% say they must accelerate innovation just to maintain a competitive edge. At the same…