nau21

  • News
  • /
  • Author: nau21
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 [...]
TOP 5% best SMEs in Portugal
NAU21
NAU21 has been certified as one of the TOP 5% best SMEs (small and medium-sized enterprises) in Portugal by SCORING. This certification is a financial and economic official classification which determines which companies fit in the restrict best 5% group, regarding performance and financial strength. By being included in this group, NAU21 has proven to have a financial soundness and performance index superior to 80%. We are immensely proud of this distinction. During these unsettled [...]
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 [...]
Welcoming 2021
Events
Despite the reality COVID-19 brought to us, 2020 highlighted the flexibility and resilience of our team, crucial to meet our clients’ expectations. NAU21 learned to sail with the tide instead of against it, having received in return reinforced trust and loyalty from our partners and clients. We look forward to working together throughout the upcoming year, overcoming challenges, and embracing new opportunities for mutual growth and achievements. We just know 2021 will be our best [...]
Exploring leading technologies
Blockchain
NAU21 believes that technology should and does play a major role in improving the lives of the world's population. Focusing this premise on our reality, we have identified two technological areas (Blockchain and Artificial Intelligence) which enhance the simplification and automation of business processes with strong benefits for companies and their clients, when applied in a combined way. As such, NAU21 has studied and investigated the application of Blockchain technology together with INESCTEC, namely in [...]
The arrival of digital network trust
Blockchain
From our point of view, trust is the fundamental key for successful business. However, there is always a risk in digital business as people do not knowing each other personally. According to the Edelman Trust Barometer (2018), the Trust Index suffered a decline in 10 of the 15 business sectors analysed. In addition, the Financial Cost of Fraud Report (Crowe UK, 2019) underlines that fraud losses represent 6,05% of DGP in the United Kingdom, corresponding to £ 3.89 trillion. Globally, [...]
Semana del Seguro ’20
Consulting
'Work to become, not to acquire.' Elbert Hubbard Our main goal is to simplify business models right from the beginning. At the same time, we also aim to offer innovative solutions able to overcome challenges insurance companies usually face. As a result, we decided to be present at Semana del Seguro, in Madrid. During our visit, we met multiple experts and attended several seminars dedicated to breakthrough technologies. These disruptive technologies will upgrade outdated workflows, which are still [...]
NAUVERSARY ’20
Events
'Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organisational objectives. It is the fuel that allows common people to attain uncommon results.' Andrew Carnegie Two years ago, Nau21 started its journey, ready to fill in a gap in the 'insurance meets technology' market. With this in mind, we gradually became more prevalent in this niche market. As time goes on, Nau21 distinguishes itself because our [...]
Rethinking the business
Consulting
When it comes to Consulting services, Nau21 focuses on helping companies to leverage their businesses through the smart use of technology and generating value. Insurance companies work in a very complexed regulatory environment with substantial capital needs, besides being present in unfavourable macroeconomic contexts, due to low interest rates, which considerably limit their options to manage assets. Conversely, these companies live with the pressure of more and more well-informed, demanding, impatient and well-connected clients. As [...]
November 7, 2019
Read more
The technology which brings trust to the digital world
Blockchain
The development of innovative IT solutions strengthens the exploration of disruptive business models.  Nau21 is working to become a key player in the discovery of revolutionary solutions applied to financial services. These solutions are mainly targeted for the insurance and reinsurance markets. Technologies such as blockchain and smart contracts end up bringing a myriad of benefits to these markets. All because their digital presence is transparent, accessible and immutable. In the complexed insurance world, these [...]