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The head of innovation at $483 billion insurance giant John Hancock shared an anecdote about a fax machine to highlight the gap between fintechs and finance giantsJohn Dorval, head of innovation at insurance giant John Hancock, said startups and financial firms could do a better job of working together more efficiently.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Analysis | An insurance company wants you to hand over your Fitbit data so it can make more money. Should you?Yes, John Hancock and other life insurance companies are primarily interested in saving money. But research shows you could benefit too. Nop I can imagine that Fitbit/Apple can filter data. So that insurance companies can only get some basic information about an insured person without harming privacy( Is somebody sporting twice a week? yes/no). The rest of the data would remain personal. No
Source: washingtonpost - 🏆 95. / 72 Read more »