San Francisco

Exploring Innovation in Insurance

Description:

The USA is considered to be an advanced market of insurance technologies, so we invite you to take a first-class internship to study innovations in the insurance industry in the high-tech center of the country - Silicon Valley.

Day 1. The world is changing.

In order to invest in insurance, you need to have a stable income today and take into account possible risks in the future. However, widespread automation is reducing staff, and more and more full-time workers are becoming contractors, so people have resorted to such a new trend as sharing economy to generate additional income. On the first day of your training, you will communicate with representatives of well-known venture capital companies and learn about the development and current affairs of the insurance industry, as well as listen to a lecture on the transformation processes of InsurTech from experts.

Day 2. A new generation of consumers

Online services and mobile applications are becoming an integral part of the lives of a new generation of consumers. Immeasurable data sources present customers with the modern digital ecosystems that surround them. You will learn about new customer acquisition technologies used by leading insurance companies from representatives of such fast-growing InsurTech companies as Limelight Health, Clover Health, Embroker and Sureify.

Day 3. New technologies in insurance

The practice of using digital tools has long become everyday in the field of insurance. On this day, you will meet with such modern startups as NeuroSky, Gen Life, Stride Health and Actian. Representatives of companies will introduce you to the new terminology and technologies used in practice. You will learn what microinsurance, UBI-insurance, P2P-insurance are, how machine learning is organized for insurance companies, how Robo-Advisor, Internet of Things (IoT), drones function.

Day 4. New business models

Insurance technologies and digital convergence are creating a new generation of interconnected business distribution models, offering new solutions not only for the mass consumer, but also for commerce. For example, P2P insurance as a business model is offered using standard technology, and blockchain, in turn, makes it even more transparent and reliable for consumers. You will learn about new generation business models and services and their relationship with digital ecosystems at a meeting with representatives of companies such as Metromile, Trov and Zendrive.

Day 5. Practical lessons

On this day you will meet with representatives of major insurance companies such as SwissRe, AIG Lab and State Farm. Together with leaders of reputable corporations, you will consider strategies for successful implementation of various corporate innovations. Firsthand, you will learn about approaches to digital transformation, the creation of innovative laboratories, and hear real stories of successful interaction with startups.

Notes:

The tour is held several times a year. Check the dates of the tour!

If you wish to book any other hotel yourself, please contact us for a registration code.

You can book a transfer to San Mateo and back, as well as the services of a Russian-speaking guide for an additional fee.

Not included in the price:
Transfer to San Mateo and back
Russian-speaking guide services
Morning and evening meals

The starting point of the tour:
San Mateo

The price includes:

Hotel accommodation
Meals during lunch break
Transfer from one company to another

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