Digital Insurance in the API Economy
summary
Claims a public insurance API platform (built with Docker and Kubernetes and Cloud Native Foundation certification) that started in 2016 with an Alibaba joint venture and now hosts 1,000 insurance products, handles 30,000 policies/day and millions of API calls across ~300 channels and ~100 insurers. Specific wins: a China car-dealer network issues ~1M car policies on the platform, one insurer migrated to 2,000 APIs and sees 5x faster product launches, use cases include dealer aggregators, fitness-band telematics and embedded transit insurance.
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chapters (9)
- 0:00Intro
- 1:17The Digital Imperative...
- 2:40Evolution of Insurance Technologies
- 7:19SOLUTION...A 2-SPEED ARCHITECTURE DISTRIBUTION VIA OPEN AM
- 7:52Evolution of Insurance Ecosystem Connectivity
- 8:58From Core System to Two Layer Model
- 9:39Electrical Revolution: Appliances and Connectivity
- 16:50Car Dealers and Car Makers in China
- 22:42China Continent Insurance
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