InsurTech World

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...

1. 36% 18-34 year olds  think it is acceptable to claim damage to vehicle was caused by a hit & run incident rather than themselves

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...

Does how you position you technology assets affect the way you manage them?

Many years ago I once heard a learned individual coin the...

One small step to creating an insurance ecosystem and adding convenience for buyers of insurance.

Starling’s Marketplace allows data to be...

"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...

Commercial carriers would be wise to take advantage of a digital platform, such as 360SiteView, which delivers an end-to-end digital...

The obvious question  is "Which insurers will be buffeted and suffer most from these shockwaves?" Remember that McKinsey has...

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...

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...

There's a pretty good chance that Deloitte have put some considerable thought in coming up with the numbers quoted below.

Freeing up...

Perhaps rebellion is a little strong in this instance. However in our relationships with our insurer clients, particularly when...

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...

Cat Claims Go Digital

Hurricanes, storms, floods, wildfires – there seems to be no end to the flow of surge and catastrophe claims.

For...

Motor insurance premiums dropping and cost of auto claims rising is a bad trend for insurers. Makes a digital claims platform that...

Wozniak is an innovation icon and his simple axiom "focus on what people want" should be a mantra for insurers.  Why?- to anticipate...

Many insurers are dabbling in pieces of tech here and there but often times lack the roads (strategy) to bring the end-to-end digital...

Is relying on chatbots and STP a dangerous strategy? Evidently so.

"Many consumers are simultaneously tentative about increased...