9/30/2020 3:50:32 PM Competitiveness now relies on cost optimisation By Mike Daly We are entering an era of necessary insurance cost optimisation. As price optimisation and other profit drivers fall under regulatory...
9/25/2020 1:40:16 PM Fitch warns FCA's crackdown on pricing may hurt insurers profits By Mike Daly Fitch said that UK motor and home insurers could have lower profits in late 2021 and into 2022 as they update their pricing systems and...
9/24/2020 12:00:00 AM Car Insurance Isn’t Working: FCA Slams ‘Complex And Opaque’ Pricing By Mike Daly The biting report from the Financial Conduct Authority (FCA) says car and home insurance markets are not working well for consumers and...
9/23/2020 4:40:09 PM This is the next stage, not the end, of the insurtech promise By Mike Daly The prevailing narrative is innovation in insurance just got a big boost as insurers tooled up a remote workforce and rapidly...
9/22/2020 12:54:52 PM Some Respect for Insurance Innovators By Mike Daly When's the last time you saw a glowing statement about insurers in a national, non-insurance publication? The insurance industry is good...
9/21/2020 2:44:57 PM Volvo introduces all in one car subscription By Mike Daly It's not an ecosystem but out of small acorns grow mighty oaks. Mind you there have been and will be many projects like Volvo's to bundle...
9/18/2020 9:57:17 AM No Code insurance platforms - Your questions answered By Mike Daly "To badly paraphrase a famous Churchillian quote, never in the history of InsTech London have so many questions been asked of so few...
9/18/2020 12:00:00 AM Lloyd’s of London: algorithm nation By Mike Daly Ki syndicate will use data science to evaluate policies and offer quotes The combined ratio at Lloyds — expenses plus claims, as a share...
9/17/2020 9:57:12 AM FCA has told insurers to start work immediately on claims that the initial judgement supports. By Mike Daly Insurers face dilemma over whether to challenge High Court ruling on business interruption cover. “Insurers have had a windfall that...
9/15/2020 12:00:00 AM BREAKING: Policyholders Win FCA Test Case For Lockdown Payouts By Mike Daly Law360, London (September 15, 2020, 11:21 AM BST) -- The High Court ruled on Tuesday that insurers should have to pay out on claims to...
9/10/2020 12:00:00 AM No-Code Insurance Platforms: Hype or Game-Changing? By Mike Daly How the No-Code Proof of Concept is cutting cost, hassle and delay for insurers 81% of 250 technology buyers from the insurance industry...
9/9/2020 1:06:51 PM How can insurers improve combined ratios by five percentage points? By Mike Daly In the USA admin and policy costs increased by 34% over the last decade according to McKinsey and there is no reason to feel that Europe...
9/2/2020 4:40:59 PM Insurers, Ecosystems and 'Blue Sky Thinking' By Mike Daly Good case study in building ecosystems by Gary Kaplan, president of North America Construction for AXA XL Shows the layers of data,...
9/2/2020 10:31:41 AM Where do we go now? Innovation in a post Covid-19 landscape By Mike Daly There’s a lot to learn from the Covid-19 pandemic and the resulting disruption. David Rogerson poses an important question. "Where does...
9/2/2020 7:15:08 AM Zurich poaches tech talent from Ping An By Mike Daly Chinese insurer’s technology unit chief hired to boost Swiss group’s digital products "Ping An is one of the world’s biggest insurance...
9/1/2020 4:23:07 PM How do we move around in a zero-carbon world? By Mike Daly We want more people to be able to work without contributing to climate change. Bill Gates on an imperative facing every enterprise and...