The world has changed in a couple of short months. In this white paper we cover what insurers should consider to be competitive in a world that may have more impromptu quarantines and unexpected disruptions to business, entertainment, and travel. The insurance industry has adapted before in major ways, it is time we do it again. In this report, we dive into how.
Despite many exciting innovations and advancements in mobility technology and business models, insurance remains pretty much the same. Rather than responding with new commensurate innovations, insurance solutions that have existed for decades are shoehorned with minimal adaptation to meet minimum requirements, often leaving coverage gaps. There is no doubt that mobility is changing, and insurers will need to shift their response beyond tweaking legacy offerings. In this report, we dive into our view of the future of mobility insurance.
Slice Labs builds truly intelligent digital insurance products. We use AI, machine learning, and Ph.D. behavioral science expertise in our Insurance Cloud Services platform and Slice Mind services, enabling insurers to provide protection on-demand, anytime and anywhere.
Founded in October 2015 and headquartered in New York City, Slice is the brainchild of passionate people with a vision to re-imagine insurance. We set out to provide the kind of insurance experience that fits the way we all live and operate today; insurance that is on-demand and meets you where you are. At Slice, we have always defined “on-demand” as being about more than just time; it is equally important that the product fits consumers’ lifestyles and expectations.
Slice was founded on the principle that technology should drive the insurance transaction and insurance should be bought, not sold. The Slice technology platform, enables the distribution of new on-demand insurance products, designed with best-in-class data science, and built in the cloud.
Slice has raised $31.6M USD in funding and operates in the U.S., Canada, and the UK. While headquartered in New York, the company’s technology innovation comes from Ottawa, Canada.
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