Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Języki publikacji
Abstrakty
The main idea of this article is an overview and analysis of the technological innovations in the insurance industry. First of all, the authors have characterised the driving factors of innovative development in the insurance industry. Secondly, the innovation in the financial sector was described as an invention and as an adoption. The main part of the paper was based on an overview of the use of technological innovations (such as software, analytics, sensors, algorithmic) for the effective insurance value chain. At the end, the authors have made a SWOT-analysis of the technological innovations. (original abstract)
Twórcy
autor
- Maria Curie Skłodowska University, Poland; Kyiv National University of Trade and Economics, Lviv
autor
- University of Łódź, Poland
Bibliografia
- Aghion P., Tirole J., 1994, The management of innovation, "Quarterly Journal of Economics", 109(4), pp. 1185-1209.
- Bednarczyk T. H., Jańska A., 2015, Innowacje produktowe i procesowe w obszarze ubezpieczeń majątkowych dla osób fizycznych, "Annales Universitatis Maria Curie-Sklodowska. Oekonomia", 49(4), pp. 45-55.
- Benhabib J., Perla J., Tonetti C., 2017, Reconciling Models of Diffusion and Innovation: A Theory of the Productivity Distribution and Technology Frontier, NBER Working Papers, 23095, http://www.nber.org/papers/w23095 (access: 25.07.2017).
- Bickley J., 1967, An Overview of Insurance Marketing, "The Journal of Risk and Insurance", 34(2), pp. 175-183.
- Błach J., 2011, Innowacje finansowe i ich znaczenie we współczesnych systemie finansowym - identyfikacja i systematyzacja problemu, "e-Finanse", 7(3), pp. 14-28.
- Broeders H., Khanna S., 2015, Strategic Choices for Banks in the Digital Age, McKinsey Quarterly, January, https://www.mckinsey.com/industries/financial-services/our-insights/strategic-choices-for-banks-in-the-digital-age (access: 25.11.2017).
- Buera F., Oberfield E., 2015, The Global Diffusion of Ideas, Working Paper 2016-13, http://www.nber.org/papers/w21844 (access: 20.09.2017).
- Catlin T., Paliath P., Segey I., 2014, Insurance companies Untapped Digital Opportunity, "Harvard Business Review", March, https://hbr.org/2014/03/insurance-companiesuntapped-digital-opportunity (access: 09.12.2017).
- Desyllas P., Sako M., 2013, Profiting from business model innovation: Evidence from Pay-As-You-Drive auto insurance, "Research Policy", 42(1), pp. 101-116.
- Drucker P., 1985, The discipline of innovation - the innovative enterprise, "Harvard Business Review", August, https://hbr.org/2002/08/the-discipline-of-innovation (access: 25.07.2017)
- Hart O., 2017, Incomplete Contracts and Control, "American Economic Review", 107(7), pp. 1731-1752.
- Hocking J., Wood A., Dally N., Pan K., Lin B., Ban H., Toohey P. D., Wang X., Meunier F., Lee S., 2014, Insurance and Technology: Evolution And Revolution in a Digital World, "Blue Paper" Morgan Stanley Research, https://www.bcgperspectives.com/Images/evolution_revolution_how_insurers_stay_relevant_digital_world.pdf (access: 25.07.2017)
- International Association of Insurance Supervisors, 2017, FinTech Developments in the Insurance Industry, https://www.iaisweb.org/page/supervisory-material/other-supervisorypapers-and-reports (access 09.12.2017).
- Jensen P., Palangkaraya A., Webster E., 2013, Trust, Incomplete Contracts and the Market for Technology, Intellectual Property Research Institute of Australia Working Paper, 2 http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.688.145&rep=rep1&type=pdf (access 05.09.2017).
- Jovanovic B., Rob R., 1989, The Growth and Diffusion of Knowledge, "Review of Economic Studies", 56(4), pp. 569-582.
- Karapiperis D., Brandenburg A., Birnbaum B., Brande A., Castagna S., Greenberg A., Harbage R., Obersteadt A., 2015, Usage-Based Insurance and Vehicle Telematics: Insurance Market and Regulatory Implications, National Association of Insurance Commissioners, http://www.naic.org/documents/cipr_study_150324_usage_based_insurance_and_vehicle_telematics_study_series.pdf (access 09.12.2017).
- Kerr W., Nanda R., Rhodes-Kropf M., 2014, Entrepreneurship as experimentation, "Journal of Economic Perspectives", 28(3), pp. 25-48.
- Knight H. Frank, 1964, Risk, Uncertainty and Profit, Sentry Press, New York.
- Laeven L., Levine R., Michalopoulos R., 2012, "Financial Innovation and Endogenous Growth", NBER Working Papers, 15356, http://www.nber.org/papers/w15356.pdf (access: 20.09.2017).
- Nicoletti B., 2016, Digital Insurance. Business Innovation in the Post-Crisis Era, Palgrave Macmillan, United Kingdom.
- Oslo Manual, 1992, Guidelines for Collecting and Interpreting Innovation Data, OECD Publications, http://www.oecd.org/sti/inno/oslomanualguidelinesforcollectingandinterpretinginnovationdata3rdedition.htm (access: 20.09.2017).
- Pearson R., 1997, Towards an historical model of services innovation: the case of the insurance industry, "Economic History Review", 50(2), pp. 235-256.
- Peterson R., Rudelius W., Glenn W., 1972, Spread of Marketing Innovations in a Service Industry Source, "The Journal of Business", 45(4), pp. 485-496.
- Raynors M., Christensen C., 2003, The Innovator's Solutions: Creating and sustaining successful growth, Harvard Business Review Press.
- Rogers E. M., 1995, Diffusion of Innovations (4th ed.), Free Press, New York.
- Sánchez M., 2010, Financial Innovation and the Global Crisis, "International Journal of Business and Management", 5(11), pp. 26-31.
- Scherer F., Harhoff D., 2000, Technology policy for a world of skew-distributed outcomes, "Research Policy", 29(4-5), pp. 559-566.
- Swiss Re Institute, 2017, http://www.sigma-explorer.com (access: 09.12.2017).
- Sweezy M. P., 1943, Professor Schumpeter's Theory of Innovation, "The Review of Economics and Statistics", 25(1), pp. 93-96.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171499674