digitalworld

ISO 27001 Certification
NAU21
After a year of renovation and readjustment, NAU21 is proud to announce that it has achieved the ISO 27001 certification on Information Security. This certification is a globally recognised standard from Information Security Management Systems (ISMS) and it ensures the enforcement of solid processes to identify, manage and reduce risks to information security. After six years in the market, presenting steady growth evolution, NAU21 wanted to take its structure to the next level and challenged [...]
In favour of a better world
Events
October has been a very busy month at NAU21, perfect to widen our horizons and discover some of the ways available to improve not only our business but also our world. With several kilometers separating them, NAU21 was present both at the “Uniting Business for a Better World”, marking the 20th anniversary of the UN Global Compact Network Portugal, in Lisbon, and at the “Gitex Global –  The World’s Largest Tech Show”, which took place [...]
Blockchain: a new era
Blockchain
The insurance industry is known to be traditionally bureaucratic and slow to adopt new technologies as it involves complex manual processes and many intermediaries. This industry has been systematically investing in adopting and redesigning its IT systems, making them increasingly faster, more robust, but keeping business processes unchanged. However, blockchain technology, particularly smart contracts, have the potential to transform this industry, bringing greater efficiency, transparency, and security to customers. Smart contracts are computer programs that [...]
Machine Learning & Insurance
Discovery Labs
Nowadays, insurance companies can hugely benefit from the use of Machine Learning (ML) on their daily basis. Some of these benefits are:  Risk appetite.  Risk analysis.  Premium leakage.  Expense management.  Subrogation.  Litigation.  Fraud detection.  Among others.  According to Accenture, “most of the insurance companies process only 10-15 percent of the data they have access to”. Considering these numbers, the amount of valuable data not being used is enormous. Undeniably, there is a lot of space [...]
Digital & Insurance
Discovery Labs
Insurance is one of the oldest financial businesses in the world, but it cannot keep using its traditional models. With the increasing use of the internet and mobile phones, insurance companies must follow the digital trends or risk losing customers. Requesting a quote or buying insurance online is now an appealing option that most insurance companies offer. Through this option, the entire process becomes much easier for customers as they can get free quotes and [...]
NAU21 | Since 2018
Events
And here we are… In a heartbeat, 5 years went by, filled with gratifying success and hard work. It is time to fully appreciate our people, being them our crew, clients or partners. Without any of them, we wouldn’t have been able to travel this far. So far, we have had the privilege of working with incredible people and it is our wish to truly thank everyone who has embarked on this journey with us. [...]
Digital Contracts & ID Seminar
Discovery Labs
NAU21 attended the AFIP’s Digital Contracts & ID Seminar to introduce SIS (Smart Insurance System), a platform designed to implement smart contracts on day-to-day insurance processes. Currently focused to be used at claim reports and policy underwritings, we want to expand the platform's applicability to every insurance process. In short, the idea of NAU21 is to bring into a distributed system all the entities that have an interest in the execution of a process and [...]
Data Protection Day
Discovery Labs
The “Data Protection Day” or “Privacy Day” outside Europe is celebrated each year on 28 January. It aims at raising awareness on the right to data protection.  As one of our main focuses is working with blockchain technology, machine learning and artificial intelligent, NAU21 understands and is compliant with the EU GDPR, taking into account these standards in its line of business. To celebrate and raise awareness to this this day, here are 5 privacy [...]
Blockchain benefits for the insurance industry
Blockchain
Blockchain is here to stay, and the insurance industry can certainly profit from its ready-to-disrupt-the-insurance-market revolutionary approach. Using Blockchain will fasten verifiable data exchanges and ease data reconciliation in a transparent network, visible for all parties involved. All operations gave a single source of truth, which increases data accuracy and leads to efficiency gains, as well as to cost, and fraud reductions. Blockchain technology can significantly improve insurance operations, reducing its resolution time and simplifying [...]
Sailing towards success
Discovery Labs
Closing up 2020 the best way possible, NAU21 entered the Annual Listing of 10 companies that are at the forefront of providing Insurtech consulting/services and impacting the industry in Europe. This distinction was recognised by the Insurance CIO Outlook, as it became familiar with our focus on blockchain technology, machine learning and artificial intelligent. By bringing these innovative technologies to the insurance market, the optimisation of insurance processes is undeniable, favouring automatic negotiations and providing [...]