The insurance model must change The insurance model must change. There is a tonne of new data sets that are The insurance model needs to evolve out there, but they are costly to access. further. Leandro Dallemule from Planck The impact will be achieved by matching was explicit. The model has advanced over newly designed products to the market’s the past four years. It now ingests new affordability requirements. This will require data sets to manage current information for us to use new tools and prediction asymmetries, but more must be done to techniques to refine assumptions in a world ease more dynamic pricing and frictionless that is far more real-time to ensure that all engagement. parties see that their interests align. We understand that new drivers are This means access to fairer, simpler, and affecting the world of risk mitigation. These more explainable advanced analytical were highlighted loud and clear. These models. This is likely to call for deeper included current information gaps, the analysis and consideration of partnership need to consider more seriously transfer opportunities with a multitude of tech players risk opportunities for intangible assets, and to build highly relevant insurance ecosystems. ways to protect those more affordably while bringing the capital closer to the risk it intends to insure. This will require reliance on more trustworthy, responsible, and transparent models.