In the commercial space, artificial intelligence has the potential to enable an insurer to get all the information it needs to write a risk in a matter of hours and support customers’ risk management activity, but only if it is deployed appropriately
A consultation on pushing back IFRS 17 is expected, after the International Accounting Standards Board voted to postpone the implementation of the global accounting standards to 2022.
Will Lemonade’s losses see its success go flat?
The Big Four audit firms have seen a fall in quality in the past year owing to a “failure to challenge management”.
Organisations are likely to be faced with data privacy claims, predicts Raf Sanchez, international breach manager at Beazley, warning cyber cover is only part of the solution.
Tokio Marine Kiln has appointed Anna McNamara as group chief operating officer with effect from 26 April.
Insurance can help mitigate the economic impact of poor mental health in the workplace, but policy design must adapt to meet the challenge, argues Michael Ryley, partner at Weightmans.
Christopher Hess, formerly the business development director at Lloyds Banking Group's insurance arm has joined management consultancy Oxbow Partners.
Last month, the Financial Conduct Authority fined Bluefin £4m for misleading customers over its independence from then-parent company Axa.
Insurers look for alternative bases
Artificial intelligence is taking over mundane legal functions but is not killing off lawyers, says Shirley Woolham, chief operating officer at Minster Law.
Insurers consider the impact of the proposed U-turn on the Ogden rate
The only absolute certainty in today’s modern world is change. Change creates new risks for all businesses, whether they are based in the north or south of the country, have international reach or are mid-market organisations.
London Matters Report highlights key areas of concern
Aston Scott and Lark Group have reached an agreement to merge, subject to regulatory approval.
There is a menace in my house in the form of water. First it caused problems in my kitchen (as many of you will remember) and now it's found its way out of the bathroom.
Before driverless cars take to the road, the public needs to be reassured about their safety and cyber risks need to be mitigated, write Deloitte partners Gurpreet Johal and Nigel Walsh. But once liability is clarified, insurers stand to benefit.
The days of mega-mergers in the insurance industry may be behind us as consolidation activity has dropped significantly from the peaks of 2014 and 2015. The sector is contemplating this change of gear and steadying itself in the face of waves of global…
The decision to cut the Ogden discount rate for the first time in 16 years sent shock waves through the industry that will be felt for months and years to come.
Higher layer reinsurance rates could increase by up to 400% as a result of the change to the Ogden discount rate, experts say.
More insurers have posted swingeing losses as a result of the discount rate cut.
Digitally-enabled motor insurance policies in Europe could potentially be valued at €15bn (£13bn) by 2020, according to Deloitte.
Deloitte has appointed Nigel Walsh, former head of insurance at Capgemini as a partner in its insurance practice.
UK General Insurance has been ordered by the Financial Conduct Authority to look into alleged mis-selling by its appointed representatives.