Cases of Technology Use in the Insurance Industry (InsTech)

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ishanijerin1
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Joined: Tue Jan 07, 2025 4:38 am

Cases of Technology Use in the Insurance Industry (InsTech)

Post by ishanijerin1 »

"FinTech," the use of technology in the financial industry, is gaining popularity, but "InsTech," the use of technology in the insurance industry, is also likely to become more active.


Up until now, insurance companies and insurance agents have developed smartphone apps in various forms.

Its main functions include insurance mom database contract and claim management, searching for various insurance products, and reporting automobile insurance accidents, but there are also emerging efforts to utilize technology in other areas.



table of contents
Health promotion support using wearable devices
Sompo Japan Nipponkoa Himawari Life Insurance
Examples of using big data to calculate insurance premiums
"Health Age Small Amount Short-Term Insurance"
"Neo First Life Insurance: Body Revolution"
There are even more use cases for InsTech overseas
Health promotion support using wearable devices
Sompo Japan Nipponkoa Himawari Life Insurance
We are working with Fitbit, an American company that develops a wide range of healthcare-related wearable devices, to distribute wearable devices to insurance policyholders.

By analyzing health information provided by the health insurance association and activity data from the devices, they plan to analyze the causal relationship between diseases and activity data.

Initially, the company will provide health promotion support to approximately 3,000 employees of Sompo Japan Nipponkoa Himawari Life Insurance based on the results of the analysis.
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