Is building claims management systems yourself a bad idea?
A few weeks ago, we met with a senior executive in one of the world’s largest insurers. They recalled we had met with them a couple of...
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Digital Claims Transformation, Insurtech, Analytics
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The honest truth about RPA and process automation
"The challenge we increasingly hear from customers is that while the “robotic” part of RPA has captured everyone’s imagination as an...
How the Insurance Industry is Reinventing Itself
Realistic, measured article on how carriers and brokers collaborating to anticipate change, disruption and the need to adapt are the real...
TechCunch does Quantum
A great overview of it all, not just Google's recent announcement.
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Consider, however, that in the 60s, the decision to build computers with electronic transistors must have seemed rather an esoteric point...…
How to maximize the chances of achieving your insurance claims aspiration
"Almost a quarter-century ago, research by John Kotter found that only 30 percent of change management programs succeed. And a decade ago,
Digital Transformation Doesn't Just Increase Revenue, It Can Impact Employee Productivity Too
Digital Transformation is often seen as a way to generate new business sales. Our social selling program offers company a 30%...
Chubb Chief Digital Officer Ringsted Sounds Off on Innovation, ITC and the Future
Valuable insights here- first and foremost the priority to combine automation with human empathy and intuition.
"we need to remain focused...
The numbers behind successful transformations
Mckinsey shows that four critical success factors are shared by the top quartile of companies measured by financial performance....
Is there a cyber storm on the horizon?
"In insurance, the cyber market is expanding quickly as more businesses respond to the risk and buy cyber insurance. The Hiscox Cyber...
China further opens up insurance, banking sectors to foreign investors
Catalyst to speed up this prediction:
"The central narrative of this year's annual world insurance sigma is the continued rise...
Shootout At the InsurTech Corral
Fair cop for the 80% but is it fair for the 20% that will deliver innovation, business value and the capabilities to both lead and...
Technical debt should not be a barrier to innovation
"A thought-provoking article in The Economist prompts DevOpsGroup co-founder Steve Thair to urge insurers to get to grips with technical...
Insurers- What business are you in?
Question posed in the linked (bottom of article) review of Future@Lloyds Blueprint One as to whether Lloyds should recognise it is in the...
Changing Company Culture Requires a Movement, Not a Mandate
At my last company, one day you couldn't talk to anybody outside the company unless you were registered as HQ and had been on a two day...
What's wrong with Future at Lloyd's
The move to work with API's is not just a question of grabbing the next buzz word and seeing what can be produced. The key is to build on...
INSURTECH: "Diamonds in the Rough"
Brian Desmond, CMO Guidewire, identifies five critical success factors that "diamond quality" insuretchs must exhibit.
- Focus
- Value
- Scale
The challenge we face is to create relevance
Josep Celaya, the Global Head of Transformation at MAPFRE Group states
."One of my first impressions is that people in insurance...
Insurance/insurtech partnerships on the rise: Capgemini
There is a large gap between insurers that plan to partner and those that actually have.
"68% of insurers say partnerships are critical,...
Axa boss predicts competitive threat from Faangs
AXA Chief Exec Thomas Burbell clearly sees the big tech giants Amazon, Facebook, Google, Apple etc the competitive threat rather than...
Allianz emerges as frontrunner for BBVA's bancassurance business
Significant news just after I quoted the following from Rick Huckstep on LinkedIn.
"Analysis by market data and research firm Timetric a...
Insurers & applying lessons from Amazon
"According to the World Insurance Report, almost 30% of consumers would be willing to buy insurance from tech giants like Amazon and...
Insurtech understanding of insurance still “so limited”: State Auto CEO
Mike LaRocco, president and CEO of State Auto, said during a session at Insuretech Connect in Las Vegas that insurtechs often cannot see...
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