Root

SPEAKER ANNOUCEMENT: Charlotte Koep CEO at Root will be speaking at the Cape Town AI InsurTech Summit 2024! Root is a leading low-code, end-to-end insurance platform designed for digital, personalised, and embedded insurance. It has a proven record—endorsed by both technical and business leaders—of delivering unmatched speed to market, exceptional product flexibility, and seamless integration. Root’s technology is both robust and accessible, making it easy to adopt and use across any organisation. As CEO of Root, Charlotte is focused on growing the company into a global force driving digital transformation in insurance. We look forward to hearing her insights on AI and Insurtech during the panel discussion, 'Building InsurTech Solutions in South Africa'. Date: Thursday 21 November 2024 Panel Time: 10h45 - 11h45 Venue: Amazon Web Services (AWS) Skills Centre, Cape Town, 57 Heerengracht Street, Cape Town Invite-only. Apply for tickets here: https://lnkd.in/ddCHBR3E The Cape Town AI InsurTech Summit is where insurance business leaders, corporates, scale ups, startups, investors, and industry experts convene to explore the future of AI-driven solutions in insurance. Join The FutureList, Amazon Web Services (AWS), Sand Technologies and COVER Publications for a dynamic event aimed at fostering meaningful connections and inspiring learnings on innovation, technology, and the evolving landscape of the insurance sector. #AI #Insurtech #startup #startups #techstartups #event #capetowninsurtechsummit

Our CEO, Charlotte Koep, recently spoke with Insurance Times for its November TechTalk feature, discussing how 2021 was a breakthrough year for insurtechs. "2021 was [one of] the golden years of funding. No one went too deep into investigating the financial viability of ideas. [Many] insurtechs were born out of that and a lot of that funding went into acquiring customers." Charlotte added that, with funding since slowing down, the industry can lean out all of the noise and continue delivering real value. Read the full feature in Insurance Times: https://lnkd.in/eYWEpnQM #insurtech #insurance

NEW ARTICLE: "The UK has evolved into a leading natural knowledge hub for insurance, and we quickly found we could get in front of the people we needed to speak to, because of the strong appetite to innovate and change which exists in this market." It was very much “right time, right place” and is still very much the case – the UK is a great place for innovation, and now is a good time to invest, writes Charlotte Koep via The World Financial Review: https://lnkd.in/exWB8vXN #InsuranceNews #InsuranceIndustry #Insurtech #Investment

NEW ARTICLE: The path to digitalisation for UK schemes and captives Our CEO Charlotte Koep, recently spoke with Insurance Day about how transformation in both UK captive and scheme businesses have so far lagged because of challenges in relation to regulatory complexity and the highly tailored nature of their operations. "As it stands, navigating these regulatory frameworks across each individual captive company or scheme member requires significant time and resources when using legacy tech infrastructure or manual processes, slowing down the pace of delivery." To read the full article, click the link below: https://lnkd.in/eNKr73Wr #insurance #insurtech #legislation

Platforms can be difficult to understand. To enable our clients and users to better understand the capabilities of the Root platform and to put the control of building out insurance solutions into the hands of our clients, we ensure that our guides, API docs and resources are comprehensive and always up to date. Check them out: • Insurance on Root • Product modules & workflows • Collections • Workbench tutorials • Customer notifications • And data management Each page provides you with an overview of what we can offer and how it fits your needs, as well as tutorial videos and roadmaps. Check it out for yourself: https://lnkd.in/ejbWEh2t #Insurtech #Insurance #Reinsurance 

BLOG - Q&A with captive affinity insurance pioneer Guardrisk Over the past several years, our close collaboration with Herman Schoeman, retired Chief Executive at cell captive and alternative risk transfer solution leader at Guardrisk, and his team has been eye-opening and a great opportunity to learn from South Africa's pioneers in the affinity insurance space. Their successful and fast-paced drive towards a future for insurance is reshaping the industry. Our Co-Founder, Jonathan Stewart, had the opportunity to ask Herman and Guardrisk Executive Jacobus H Claasen some questions that shed light on the strategic partnership between Guardrisk and Root, revealing the initial motivations, key pain points addressed, and significant gains achieved. It’s definitely worth a read, and you can find it here: https://lnkd.in/eD6k-AGh #Insurtech #EmbeddedInsurance #Ecosystem

BLOG - Small steps, big ambitions: the quiet revolution in insurance digitisation Innovation is often romanticised as grand, disruptive leaps that revolutionise industries overnight. However, true progress often comes from the steady, incremental, and iterative progress that drive sustained growth and meaningful change. This principle is particularly evident in insurance, an industry where seemingly straightforward, even boring, improvements build on each other, compounding to ultimately lead to groundbreaking results. At Root, we believe in action. Find out what incremental improvements you could make to help drive big change over time in this latest blog from our CEO Charlotte Koep: https://lnkd.in/eVu8dc3E #InsurtechInsights #Insurance #Reinsurance

This is such an interesting take by Florian Graillot on this Boston Consulting Group (BCG) blog about embedded insurance and how any company can become an insurance distributor, thanks to embedded insurance. Florian defines embedded insurance as ‘technology enabling any third party to become an insurance distributor.’ This is a very accurate and succinct way of putting it, and we provide such technology to enable any companies to distribute insurance. https://rootplatform.com/  #embeddedinsurance #Insurtech #Insurance #Ecosystem 

Over the past several years, Root's close collaboration with Herman Schoeman, retired Chief Executive at cell captive and alternative risk transfer solution leader Guardrisk, and his team has been eye-opening and a great opportunity to learn from South Africa's pioneers in the affinity insurance space. Their successful and fast-paced drive towards a future for insurance is reshaping the industry. Herman is now leading Guardrisk’s initiative to substantially grow its affinity and embedded book of business by investing in leading technology and industry partnerships such as Root. We are thrilled that he and Guardrisk Executive Jacobus H Claasen found the time to share their perspective on insurance innovation with cell captives in South Africa, a model worth considering in other parts of the world. Root Co-Founder Jonathan Stewart had the opportunity to ask some questions that shed light on the strategic partnership between Guardrisk and Root, revealing the initial motivations, key pain points addressed, and significant gains achieved. Definitely worth a read! https://lnkd.in/eD6k-AGh You can read Herman's interview on harnessing #insurtech to develop captive cell offerings in Captive Review here (subscription): https://lnkd.in/gVbybYJB   #InsuranceNews #Captive #CellCaptive #API #AffinityInsurance #EmbeddedInsurance

Spend more time solving for your customers, less time on keeping the lights on with your backend core systems. With Root’s API’s and low-code environment, it becomes a breeze to configure, change and deploy your insurance products to the market. If you’d like to know more about how to build insurance products, you can start by following our getting started tutorial, which will guide you step-by-step to set up your own sandbox on Root. As part of this process, a working toy product module will be created for you. You can choose from a range of template products to get going with. Check it out here: https://lnkd.in/ejbWEh2t  #Insurtech #Insurance #Reinsurance