{"id":717,"date":"2021-10-16T12:00:34","date_gmt":"2021-10-16T16:00:34","guid":{"rendered":"https:\/\/www.wikifri.com\/?p=717"},"modified":"2021-10-15T16:33:45","modified_gmt":"2021-10-15T20:33:45","slug":"3-things-insurance-playground-market-conditions-munich-re-tesla-auto-10-15-2021","status":"publish","type":"post","link":"https:\/\/www.wikifri.com\/3-things-insurance-playground-market-conditions-munich-re-tesla-auto-10-15-2021\/","title":{"rendered":"3 Things – Insurance Playground, Market Conditions & Munich Re + Tesla Auto – 10\/15\/2021"},"content":{"rendered":"

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Hi All!\u00a0 This week we are following the launch of an Insurance Playground, market conditions and Munich Re and Tesla making news.\u00a0 Here are the three things we learned:<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Insurance Playground Launch<\/strong><\/p>\n

Solutions that help insurance organizations connect with technology are always a good idea.\u00a0 Agents and distribution channels are ripe areas for innovation.\u00a0 So the\u00a0launch of the Insurance Playground<\/a>\u00a0this week will help.\u00a0 The new online directory will utilize a digital assistant to help agents connect with innovative technology they can use.\u00a0 This is powered by a former agent who has experience with technology and innovation.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Hard Market to Continue, CAT Losses Exceed<\/strong><\/p>\n

News started to come in this week about larger than expected CAT losses for the industry.\u00a0 There is an\u00a0expectation that for the 5th year in a row<\/a>\u00a0losses will meet or exceed plans.\u00a0 Meanwhile the\u00a0hard market is expected to persist<\/a>\u00a0into 2022.\u00a0 Commercial rates are still high though have steadied and the CAT losses contribute to this dynamic.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Munich Re Has $500M to Invest<\/strong><\/p>\n

One of the most active reinsurers Munich Re, announced a new\u00a0$500M venture investment fund<\/a>.\u00a0 They have already invested over $1B in various insurtechs and innovative technologies.\u00a0 Not only will they focus on early stage companies but also on helping those they have already invested in to further their advance.\u00a0 BONUS #4:\u00a0Tesla Insurance is live in Texas<\/a>, we knew this was coming and it will be worth watching, looks like they are creating a new auto insurance score.<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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Thank you for following us, we appreciate your feedback and continued support.\u00a0 Stay productive, stay safe and stay in touch!<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Hi All!\u00a0 This week we are following the launch of an Insurance Playground, market<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n3 Things - Insurance Playground, Market Conditions & Munich Re + Tesla Auto - 10\/15\/2021 - Wikifri<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wikifri.com\/3-things-insurance-playground-market-conditions-munich-re-tesla-auto-10-15-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"3 Things - Insurance Playground, Market Conditions & Munich Re + Tesla Auto - 10\/15\/2021 - Wikifri\" \/>\n<meta property=\"og:description\" content=\"Hi All!\u00a0 This week we are following the launch of an Insurance Playground, market\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wikifri.com\/3-things-insurance-playground-market-conditions-munich-re-tesla-auto-10-15-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Wikifri\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-16T16:00:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-10-15T20:33:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wikifri.com\/wp-content\/uploads\/2021\/04\/Three-Things-300x157.png\" \/>\n<meta name=\"author\" content=\"Nick Coenen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nick Coenen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.wikifri.com\/3-things-insurance-playground-market-conditions-munich-re-tesla-auto-10-15-2021\/\",\"url\":\"https:\/\/www.wikifri.com\/3-things-insurance-playground-market-conditions-munich-re-tesla-auto-10-15-2021\/\",\"name\":\"3 Things - 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