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…

FinTech Innovation Lab New York Launches InsurTech Program, Opens Call for Applicants for 2018 Class

Accenture and Partnership Fund for New York City create InsurTech track as North America continues to dominate investment in insurance-focused fintech innovations NEW YORK; Oct. 19, 2017 – The FinTech Innovation Lab New York, a 12-week program co-founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City, has launched an insurance technology,…

Security Aprivacy App

Insurers Spy Revenue Creation Possibilities In Aprivacy’s Secure Data Technology

A Hong Kong-based security firm providing secure means for banks to send private data to clients is seeing growing interest from the insurance industry as it claims its systems allow customers to create new revenue streams. Cedric Jeannot, chief executive of financial technology (fintech) start-up APrivacy, said the company’s security features provide an invisible layer…

China Leads Global Fintech Investments

Accenture FindsAsia-Pacific nearly doubles 2015 fintech financing in first half of 2016 reaching almost $10 billion; growth driven by China Investments in Asia-Pacific financial technology (fintech) ventures, primarily in China, reached $9.62 billion as of July 31, more than twice the $4.26 billion invested in the region in all of 2015, according to Accenture (NYSE:ACN)…