How big data is changing the world

Big data artwork

Insurers welcome the availability of more information on their insureds, but the handling of so much data presents many challenges. Sam Barrett investigates.

There has been something of a data explosion in the past decade. A new term, zettabyte, equivalent to one million terabytes, was coined two years ago to describe the huge volume of information stored

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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