ECOMOTION BOOKLET 2019 - TOWARDS THE TIPPING POINT

GOLD PARTNERS

The rise of newmobility services like ridesharing and autonomous cars are forcing the traditional insurance industry to adjust its way of thinking and current business models. Insurance underwriting and claims management will evolve to serve the evolving mobility market. As a leading insurance company and one of the largest providers of nursing care services in Japan, SOMPO has been on a journey of exploring innovation that will keep up with the present and future challenges of its customers. Sompo holds a 30% market share of the P&C business, of which 70% of the revenues are generated by auto insurance. Sompo Digital Lab Tel Aviv is one of three worldwide innovation centers, which aims to serve as a local operational branch of the company’s digital division and to expand a wider range of services for security, health, and wellbeing. With digital labs already operating in Tokyo and Silicon Valley, Sompo’s lab in Tel Aviv supports Sompo and its clients with Israeli cutting-edge technologies in the fields of Insurtech, Mobility, Cyber Security, Digital Health, Industry 4.0, Blockchain, Smart Cities and more.

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TOWARDS THE TIPPING POINT