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Indecision over IT legacy costing insurers millions says report

New research by the Economist Intelligence Unit suggests that the insurance industry could miss out on achieving huge growth potential due to indecision on how to deal with the cost and complexity of existing IT and legacy systems.

The research, commissioned by BT, reveals insurers are still battling with legacy systems. More than half of insurers have between one and 12 legacy IT systems and nearly one in ten says they have

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Axa aims to double schemes business

Sarah Mallaby, chief distribution officer and mid-market trading director at Axa Commercial, has revealed the provider is looking to double its schemes business as the firm looks to become a “£2bn business”.

Q&A: Fiona Marry, Bridgehaven

Fiona Marry, recently appointed European chief executive of Bridgehaven, tells Insurance Post about the company’s international expansion plans and what sets the hybrid model apart.

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