Competitiveness now relies on cost optimisation
We are entering an era of necessary insurance cost optimisation. As price optimisation and other profit drivers fall under regulatory...
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Fitch warns FCA's crackdown on pricing may hurt insurers profits
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...
Car Insurance Isn’t Working: FCA Slams ‘Complex And Opaque’ Pricing
The biting report from the Financial Conduct Authority (FCA) says car and home insurance markets are not working well for consumers and...
This is the next stage, not the end, of the insurtech promise
The prevailing narrative is innovation in insurance just got a big boost as insurers tooled up a remote workforce and rapidly...
Some Respect for Insurance Innovators
When's the last time you saw a glowing statement about insurers in a national, non-insurance publication?
The insurance industry is good...
Volvo introduces all in one car subscription
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...
No Code insurance platforms - Your questions answered
"To badly paraphrase a famous Churchillian quote, never in the history of InsTech London have so many questions been asked of so few...
Lloyd’s of London: algorithm nation
Ki syndicate will use data science to evaluate policies and offer quotes
The combined ratio at Lloyds — expenses plus claims, as a share...
FCA has told insurers to start work immediately on claims that the initial judgement supports.
Insurers face dilemma over whether to challenge High Court ruling on business interruption cover.
“Insurers have had a windfall that...
BREAKING: Policyholders Win FCA Test Case For Lockdown Payouts
Law360, London (September 15, 2020, 11:21 AM BST) --
The High Court ruled on Tuesday that insurers should have to pay out on claims...
No-Code Insurance Platforms: Hype or Game-Changing?
81% of 250 technology buyers from the insurance industry answered 'game changing' in Instech London's Live Chat last week. Watch it here
How can insurers improve combined ratios by five percentage points?
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...
Insurers, Ecosystems and 'Blue Sky Thinking'
Good case study in building ecosystems by Gary Kaplan, president of North America Construction for AXA XL
Shows the layers of data, tools,...
Where do we go now? Innovation in a post Covid-19 landscape
There’s a lot to learn from the Covid-19 pandemic and the resulting disruption.
David Rogerson poses an important question.
Zurich poaches tech talent from Ping An
Chinese insurer’s technology unit chief hired to boost Swiss group’s digital products
"Ping An is one of the world’s biggest insurance...
How do we move around in a zero-carbon world?
We want more people to be able to work without contributing to climate change.
Bill Gates on an imperative facing every enterprise and...
Insurtechs navigating the pandemic amid shifting consumer behaviour – stick or pivot?
When the world changed in March 2020, some insurance companies reacted with ninja-like speed and digital decisiveness to change with it....
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