Dec 31, 20212021 — A Year in Review For Open InsuranceHAPPY 2022! 2021 was an immensely successful year for the Open Insurance Think Tank, and we are incredibly grateful for you and everyone who contributed, whether by joining discussions, writing studies, participating in the wider open insurance ecosystem, or evangelizing open insurance to your own organizations and partners. Few realize…Insurance5 min readInsurance5 min read
Published in Open Insurance·Sep 20, 2021Neo-Insurance in the Age of Connected VehiclesWritten by Fouad Husseini, founder at the Open Insurance Think Tank. Motor insurance is the most dominant product in property and casualty lines. Globally, premiums from motor insurance accounted for around 40% of total non-life insurance premiums in 2019. The mobility ecosystem is quickly evolving towards fully autonomous driving relying…Insurtech15 min readInsurtech15 min read
Published in Open Insurance·Feb 27, 2021The Open Insurance BlueprintThe first release of the blueprint has been the result of the collaborative effort of the OPIN community members. Collaboration characterizes the key value proposition of the whitepaper of the Open Insurance Initiative, and is something that OPIN will be exploring further with a range of new projects. The OPIN…Open Insurance1 min readOpen Insurance1 min read
Feb 27, 2021Launch of the Open InsuranceWorking Group in ItalyWritten by Fouad Husseini, founder at the open insurance think tank. For me it is exciting to witness the growing interest in the open insurance initiative which has always been a community driven project. …Open Insurance5 min readOpen Insurance5 min read
Sep 25, 2020The journey to an Open Insurance standard — part 4The Role of Smart Regulation in Innovation Written by Fouad Husseini, founder at Robosque and The Open Insurance Initiative Currently, there are hardly any vibrant collaborative insurance ecosystems relying on open interfaces. The entry barriers are high, and the potential gain is low for individual stakeholders to force change. Not surprisingly, for industry insiders, regulation has a…Open Insurance10 min readOpen Insurance10 min read
Aug 31, 2020The journey to an Open Insurance standard — part 3Managing Collective Contribution Written by Fouad Husseini, founder at Robosque and The Open Insurance Initiative The real value of Open Insurance is unlocked through developing great use cases and fostering diverse partnership opportunities. These elements are integral to insurance platform ecosystem thinking. …Insurance11 min readInsurance11 min read
Jul 28, 2020The journey to an Open Insurance standard — part 2Understanding the Risks and Challenges of Open Insurance Written by Fouad Husseini, founder at Robosque and The Open Insurance Initiative The first whitepaper of the Open Insurance initiative focused on the importance of securing open interfaces to protect the interests of consumers. …Insurance Api12 min readInsurance Api12 min read
Jul 1, 2020The journey to an Open Insurance standard — part 1Setting the Stage for Open Collaboration Written by Fouad Husseini, founder at Robosque and The Open Insurance Initiative Developments in the financial markets are increasingly driven by data and technology. Not surprising then that the nature and depth of the relationship with the customer is being redefined beyond recognition by platform organizations. Open data projects, open…Insurance13 min readInsurance13 min read
Feb 29, 2020Slippery path for Blockchain in Insurance Prediction MarketsPrediction markets (PMs) as a concept is not new. In relying on the collective wisdom of the crowd, they have been used as tools for generating accurate forecasting information in order to hedge against real-world risks and for making trading gains. Their most common use has been in forecasting sport…Prediction Markets7 min readPrediction Markets7 min read
Jan 27, 2020Insurance platform ecosystems are an open playing fieldThe first whitepaper of The Open Insurance Initiative, promised that a series of research papers will be published to develop the concept of an international open standard for open application interfaces (APIs) in the insurance sector. …Insurance9 min readInsurance9 min read
