On 10-11 May 2018 at The Westin Warsaw Hotel, the IV FinTech Digital Congress and III InsurTech Digital Congress took place. It is the most important event in the region of Europe, concerning modern technology solutions in the insurance and finance sectors. The Congress started with a joint part, after which they separated into two tracks – one for insurance and one for finance. Thanks to the presence of experts from both Poland and abroad, an interesting agenda of debates, presentations and case studies as well as the newest topics from the sector, the event was attended by more than 700 participants across both days.
The joint part of the Congress started with the Chairmen of the FinTech and InsurTech Advisory Boards, Marcin Petrykowski and Witold Jaworski. Next, an interesting speech was provided by the Guest of Honor, who has experience including the Asian market. Sonia Wędrychowicz-Horbatowska gave us her specialist knowledge about how to make digital transformation in finances and the financial sector. It couldn’t be without a debate on the topic of legal regulation, with key experts such as Zbigniew Jagiełło, Anna Streżyńska and Marcin Obroniecki taking part. The discussion was preceded by a great introductory presentation by the Chairman of the Polish Financial Supervision Commission, Marek Chrzanowski. The panel touched on innovative topics from the perspective of Poland and the world. They spoke carefully about fintechs in the era of mindfulness. Talent challenge, payments, effective business models, telemedicine, IoT and data analytics are only a few of the topics that were debated over the two days of discussions about the fintech and insurtech sectors. Between debates, there was time for networking, which became an excellent occasion to meet the biggest authorities of the financial and insurance sectors.
Among the speakers of the FinTech & InsurTech Digital Congress were: Tomasz Czechowicz, Janusz Cieszyński, Frank Genheimer, Agnieszka Wrońska, Laurent Nizri, Ewa Wernerowicz, James Hickson, Tal Sharon, Paul Ferris, Wojciech Sass, Adam Rozwadowski and Szymon Wałach.
At the end of the first day of the congress, the FinTech & InsurTech Night Grand Gala took place. During the event, statuettes were awarded within the FinTech & InsurTech Awards competition. The event was hosted by Marcin Prokop.
Among the winners of the FinTech & InsurTech Awards competition were:
- Best Payment Solution – TubaPay – integrated card payment in insurance
For an excellent understanding of premium payment processing processes and the creation of a card payment platform combining many competing insurers.
- Best Lending Solution – Finiata
For an innovative microfactory model for the sector of small and medium enterprises and the use of artificial intelligence in the process of credit risk assessment.
- Blockchain Technology Award – Trudatum blockchain platform
The Trudatum blockchain platform is a solution developed in cooperation with PKO Bank Polski and the Polish-British company Coinfirm. The tool improves the existing solutions related to data storage and storage, and at the same time provides effective and secure cryptographically digital document compliance. Technology, which the bank decided to implement into its own systems, introduces a breakthrough in the collection and publication of documents and files across Europe. The first stage of implementation will focus on integration with banking systems and the provision of a solution allowing verification of the authenticity of bank documents. Each document saved in the blockchain network (eg transaction confirmation or banking regulations) will be issued in the form of an irreversible abbreviation (“hash”) signed with the bank’s private key. This will allow the client to check remotely whether the file he has received from the contractor or the bank is true and whether there has been an attempt to modify it.
- InsurTech Award – National Health Program
An innovative business model whose pillar is a scalable technology platform, built in the Agile & DevOps methodology, based on microservices and dockers architecture, integrating various sales channels, including: Internet, mobile, stationary stations of various operators and insurance providers in the field of health protection. And for making health care more friendly and accessible to all of us.
- FinTech Award – Dronn
Dronn is a system based on artificial intelligence, biometrics and speech analysis, belonging to the most advanced generation of robots. It was designed to conduct a casual and logical conversation with clients and to use real-time statistical models and, based on data, make decisions on the further course of the conversation. Only in 2017, Dronn made over 1 million connections, including 963 thousand for the Alior Bank debt collection department and 239 thousand for external partners. In the meantime, Dronn also served about 1.3 million new records in the customer segmentation process and collected 77 thousand. tax residence declarations (so-called FATCA). Work is currently under way on the further development of the tool.