Fewer mid-tier UK insurance firms are prioritising big data, with less than half prioritising such strategies compared to 82% of their large counterparts, according to a market survey.
Data services company Teradata polled the views of 300 senior insurance figures from the UK, France and Germany and found that in the UK, only 46% of firms with a turnover of £50m to £500m put a big...
China's dramatic flooding over the last month has once again highlighted the prevalence of underinsurance in the country.
LV CEO Richard Rowney has been appointed to the board of the Association for British Insurers, to replace retiring LV CEO Mike Rogers.
Telematics data has been used for the first time to successfully defend a policyholder in a liability trial at Wandsworth County Court.
Hiscox could set up a separate EU registered business if the UK loses access to the common market, the company’s CEO has said.