The  Jetsons  meet  

the  Flintstones  WILL  TECHNOLOGY  MAKE  INSURANCE  

OBSOLETE?  

Bill  Hartne2    President    Hartne>    Advisors  

Andesa  2015  Client  Forum  

State of the World

Hyper  ParCsanship  Obamacare  Low  ExpectaCons  Yield  on  Investments  Student  Loans  Home  Ownership?  Increasing  Security  and  Privacy  Concerns  Terrorism  

State of the World

Hyper  ParCsanship  Obamacare  Low  ExpectaCons  Yield  on  Investments  Student  Loans  Home  Ownership?  Increasing  Security  and  Privacy  Concerns  Terrorism  

Capital  Markets  firms  compete  in  a  global  environment  in  which  speed,  siPing  through  the  explosion  of  data,  regulaCon  and  risk  analysis  will  spell  the  success  or  failure  of  the  business.    Through  our  SMEs  and  the  broadest  Partner  Ecosystem  in  the  industry,  the  IU  is  commi>ed  to  providing  the  evidence  that  Windows,  .Net,  MOSS,  and  our  other  products  provide  the  speed  and  edge  that  means  compeCCve  and  business  success.    

"Insurance  is  the  DNA  of  capitalism.    Buildings  and  homes  don't  get  built,  lives  can't  be  repaired,  products  aren't  made,  food  doesn't  get  produced,  and  services  can't  be  delivered  without  it.    Insurance  is  vital  to  the  modern  global  economy,  and  navigaCng  these  megatrends  will  increasingly  define  our  success  in  helping  to  propel  it.“    Joe  Plumeri,  Willis  Group  Chairman  &  CEO,  2/27/2008  A.M.  Best  Company's  15th  Annual  Review  and  Preview  Conference  

Risk 101

Three  ways  to  manage  risk  ü Eliminate it ü Transfer it ü Insure it

Insurance 101

ü Law  of  Large  Numbers  

ü Spread  of  Risk  

Exponential growth

Infographic

Science  | ��NYT  Now    ScienEsts  Report  Finding  Reliable  Way  to  Teleport  Data  

Blockchain  technology  will  change  fi

nancial  markets  

forever  Published  on  May  22,  2014      `  

Uber  Gets  an  Uber-­‐ValuaEon  Car  Service  Secures  $1.2  Billion  in  Funding,  Valuing  It  at  $18.2  Billion,  Among  Highest  Ever  –  June    9,  2014  

Wall  Street  Journal  

11

13

DisrupEon  TELEMATICS  

Innovation? OR  ALREADY  OBSOLETE?  

Cars

TesCng  in  California,  Florida,  Michigan  and  Nevada  

•  54MM  in  use  by  2035  

•  NTSB  recommends  mandaCng  collision  avoidance  

DisrupEon  GENOME  SEQUENCING  

Health

20

21

22

23

DisrupEon  3D  PRINTING  

28

3D Printed homes

DisrupEon  INTERNET  OF  THINGS  

32

33

DisrupEon  BITCOIN  AND  THE  BLOCKCHAIN  

34  

Blockchain

Block Chain

Blockchain – Why is it Interesting?

"  Displaces  “Trusted  3rd  ParCes”    §  Transactions only happen once and can’t be

repudiated §  Public history of every transaction on every node

"  Requires  no  centralized  control  –  “Distributed  Trust”  based  on  mathemaCcs.      

"   Low  to  no  transacCon  costs  "  Complete  Transparency  

Return of Tontines?

"  Can  social  networks  funcCon  as  benevolent  socieCes  used  to?  

 "   Life  Insurance?  

"  Health  Insurance?  

"  ReCrement?    

How to Start a Movement

Keys to Leading Transformational Change

"   Think  TransformaCon  –  not  InnovaCon  "   Failure  is  an  opCon  "   Think  10  years  ahead  "   Set  audacious  goals  "   Shipping  is  a  feature  "   CulCvate  followers  -­‐  

h>p://www.ted.com/talks/derek_sivers_how_to_start_a_movement  

Thank  You!  Bill  Hartne>  Hartne>  Advisors    billhartne>@hotmail.com    @bill_hartne>