And expected to go higher. For insurers just having to generate extra GWP to cover that and/or reduce costs to is an additional challenge...
InsurTech World
Look at these auto fraud indicators from LexisNexis research: 36% 18-34 year olds think it is acceptable to claim damage to vehicle was...
This is a true test of a digital claims platform partner. One that reacted to an urgent request from an insurer forced to deliver results...
One small step to creating an insurance ecosystem and adding convenience for buyers of insurance. Starling’s Marketplace allows data to...
"Insurers need to learn to share their data if they want to take full advantage of the mountain of information generated from connected...
First hand experience of the necessity for a fail-fast/learn-fast approach to ensure successful digital transformation projects. ...
Insurers- how much of your stored data can you access and analyse? Most struggle to get over 20% whilst "Bought by Many" attributes is...
The obvious question is "Which insurers will be buffeted and suffer most from these shockwaves?" Remember that McKinsey has evidence...
A double whammy of falling premiums and rising claims costs. Time to tackle claims costs now to maintain competitive advantage but how to...
Aviva's well publicised cutting of 1,800 jobs to cut costs and L&G General Insurance loss as COR deteriorated from 95% to 107% are not...
Do you agree with CSFI and PwC who state that technology has become the top risk facing the insurance industry in 2019? If so, is it as a...
Personal Injury Claims and unstructured data- it has been like mixing oil and water. At the recent APIL conference fraud, social media...
Solutions looking for a problem rarely survive. Gartner highlights that issue. "Many CIOs overestimate the capabilities and short-term...
Intermediaries should really not complicate digitalisation ambitions. Any Digital Insurance Platform worthy of the description should...
Insurers- read the KPIs below, proven in over 3.6million digitally transformed claims to see how to collapse costs whilst at the same...
Motor insurance premiums dropping and cost of auto claims rising is a bad trend for insurers. Makes a digital claims platform that...