80% of modern data unstructured and insurers rarely access more than 10% of data stored in silos from various mergers and acquisitions....
InsurTech World
Information Commissioner's Office flexing its muscles ahead of May 25th start GDPR? Are you "Ready for those SARs after May 25th THIS...
Never mind the fines- it's about reputation, brand and customer relationships. The biggest challenge for insurers may well be in the data...
Prevention rather than cure- but cure if needed. The consortium specifically also provides a needed resource for carriers that are not as...
P&C "insurers must address their IT data collection systems in order to profit from more IT glamorous solutions such as chatbots,...
Summary of what you should do sooner rather than later. Follow link for more detail. Obtain ISO 27001 CertificationHire a DPO or CISOHire...
“Where do we want to be in five years as a result of advanced analytics? What are the implications to our business model, culture,...
How much of your enterprise data can be accessed and analysed today? 10%?15%?20%? - that's as good as it gets for most! SAnd totally...
£85 million of fraud detected by in 2015 but whiplash fraud increases by over 9%. Insurers must be able to access and analyse more of...
How can insurers survive if they can only access 10% to 20% of the data in the enterprise? With difficulty at the very least. Yet some...
There is a pack of insurtech insurgents hunting down your customers. Time to digitally disrupt them! Lemonade’s recent announcement...
Benchmark metrics against competitors whether you agree with the list or not. Take trend No. 1 Massive cost savers in claims, operations...
One small step for Lemonade and one big potential step backwards for analogue, incumbent insurers. Insurers - I know the current analogue...
"the CEO cannot simply sanction a digital transformation; he or she must communicate a vision of what needs to be achieved, and why.."...
McKinsey- " Automation can reduce the cost of a claims journey by as much as 30 percent". Digitising the complete customer journey from...
SPEED TO PAYunreformed processes based on shitty data. is the key but far too many digital transformation projects look impressive but...