Eye-opening. Just 23% of UK Auto Insurers and and 31% of Home Insurers offering services digitally. And that's basically just FNOL and...
InsurTech World
At the beginning of this week QEII Centre in London hosted the 18th edition of the Insurance Innovators Summit. Most believe Measuring...
When most people have to predict micro and macro issues this is an important question. If you cannot predict Brexit why would you think...
Denise Garth makes the case in Coverager that digital transformation will change insurance significantly. McKinsey states that a large...
Within 70 years 80% of consumer spending will be in Asia Pacific and Africa tilting commercial focus from its heavy current focus on...
Amara's Law- "Overestimating the short-term and under-estimating the long-term impact" is not unusual. Take GPS Starting in 1978, a...
Insurers must plan to exploit AI of they are to be market leaders and combat disruptive threats from digital giants like Amazon. Yet...
If insurers do not meet expectations someone else will. That leaves just risk transfer for customers and no relationship with the...
Not magic- reading about the SpiNNaker supercomputer today just reinforced this. "Even with a million processors we can only approach 1%...
Major insurers with multiple, disparate and old legacy systems spend a great deal of time ensuring new digital insurance platforms are...
Good analogy here between medical professionals and those in industry, finance, commerce and government. Tools, such as AI, free people...
McKinsey (link below) discuss the value driven by advanced AI. “Organisations achieving better scale and value are what McKinsey terms...
Timely article from BCG finds Financial Services enterprises resisting the strategy to become tech companies. BCG believes they will...
"Spot-on analysis here of what is currently happening in the world of InsurTech and what will follow. VC's have kindly funded the R&D....
Vision, strategy, digital technology and implementation showing effective digital transformation of Life & Protection. Setting the bar...
An average NPS across Auto and Home of 77% and a high of 82% in Pet! Higher customer satisfaction levels is a priority goal and digital...