InsurTech Brazil 2018 presents the next breakthrough in Latin America’s Insurance Industry

Brazil is experiencing the first steps on innovation in the insurance market and is one of the breaking grounds of Latin America. InsurTech Brazil 2018, to happen in April 5th in São Paulo, will bring startups, regulators and other important players in this sector to discuss the disruption potential in this industry.

Brazilian insurance industry has a huge potential for disruption since it has more than 207 million people and only one regulator authority, SUSEP (Superintendence of Private Insurance), regulating all the subsectors in insurance industry. This potential shows a great space for a success case that is still to happen in Brazil.

We are already seeing a fast disruption happening with startups in financial sector. Creditas, fintech disrupting credit sector, Nubank, changing the way Brazilian experiences payments, and GuiaBolso, that is helping people manage personal finance, have together raised more than US$ 500 billion in investments. Brazil already is an important hub for fintech in Latin America and the world and has been showing the capacity to become or develop a weighty insurtech hub world wide.

According to Jose Prado, Brazil’s biggest influencer about insurtech, Brazil and Latin America are experiencing a turning point in the insurance industry. There is a lot of customer dissatisfaction and even greater operational inefficiency, which is the perfect scenario for startups to dominate the insurance market in Brazil as it has been seen in other parts of the world.

Brazil has 55 insurtechs startups, according to Conexão Fintech, operating in the country in various sectors such as life, auto and home insurance. Insurtechs are all around Brazil disrupting old ways of selling and experience insurance products and services. InsurTech Brazil 2018 seeks to foster insurtech and be the tipping point on this revolution in the insurance industry in Latin America. Bringing together insurers, regulators, government representatives, startups, investors, distributors like retailers and banks, and and technology suppliers from across the entire continent, InsurTech Brazil is the market’s definitive meeting point to set the agenda for insurance.
In addition the organizers are selecting international cases to present at the main stage, if it is your case contact them or sign up for the event website.

With over 700 industry professionals attending, this is the leading event about Insurtech and insurance innovation in Latin America. Main topics to be discussed in the conference include: Blockchain & ICO, startups Pitch, regulatory issues, partnerships to foster the ecosystem, how incumbents are working with startups, opportunities in Latin America, Connected Health, IoT, among many other relevant topics and trends in the sector.

InsurTech Brazil is open for international cases of insurtech and speakers specialists in this sector through the contact: apoio@insurtechbrasil.com