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Top 10 criteria for selecting a modern core system vendor
Insurance companies are looking to respond rapidly to changes in business strategy by developing and deploying products at scale, across all lines of business.
SME perspectives: How fraudsters create fake identities
Insurers work hard to make sure they don’t write policies for individuals with fake identities, but bad actors work just as hard to avoid detection.
Battles worth losing
This blog highlights why one landmark clinical negligence case exemplifies ARAG’s enduring commitment to providing access to justice, backing the judgment of our solicitor partners and confident approach to risk, perhaps more than any of those that have…
How UK insurers are making customers, not sales
Insurance businesses are actively exploring how to use cutting edge technology to make the entire experience of buying relevant insurance products a much easier one.
Market update: Using technology to empower growth for Nordic and Scandinavian insurers
Denmark, Finland, Iceland, Norway and Sweden are host to large insurance companies that have until now been underserved from a technology perspective.
Infographic: The future of claims
An integrated claims process can add value for your customers and build stronger relationships. This infographic highlights how insurance companies can design seamless claim experiences along the four moments that matter to your customers.
Adopt and adapt: The keys to tech-powered success for insurers
Driven by competition from insurtechs and global tech giants such as Amazon; insurers, brokers and MGAs have found themselves at the heart of a technology whirlwind.
SME perspectives: Navigating change management within the SIU
Introducing AI to an insurer’s SIU may seem like an easy sell – investigators need to do less work to find more fraud – but this underestimates the potential drawbacks.
Reinsurance in EMEA - Where does it need to modernise?
The majority of insurers have come to rely on reinsurance as a tool to help grow their businesses, contribute to their overall capacity and protect their balance sheets against unforeseen events.
SME perspectives: Why legacy claim platforms can't handle subrogation
More insurers are now aware that subrogation increases the bottom line, lowering loss ratios and increasing revenue.
New Guidewire Solutions help insurers tackle their biggest challenges
Guidewire Solutions help insurers launch new products quickly and solve complex business challenges in a rapidly deployable manner. This blog sheds light on three specific solutions covering: excess and surplus; retention; alternative distribution.
Win your race: Meet the global need for speed to market with the Flaine release of Guidewire GO
Getting a new insurance product to market is a journey, with speed and location both important components.
Three ways that AI can help special investigation units tackle fraud
Special investigation units play a valuable role in the claims lifecycle, but can act as a roadblock for claims if they can’t act at digital speed.
Get more accurate wildfire risk and fire protection scores
Comprising more than 1,400 property and casualty risk factors for any U.S. address, HazardHub is the most comprehensive P&C risk data set ever created by Guidewire.
Should business plans include a risk plan?
If the last two years taught us anything, it should be: prepare for the unexpected no less than the expected. This blog highlights the value of business risk plans and how insurers/reinsurers can help corporations to measure and rate specific risks.
Underwriting risk detection at critical decision points
The speed of digital insurance experience comes at a price: Almost 70% of insurers agree that increased digital activity leads to increased fraud.
Fraud detection: The impact of more and different data
When it comes to detecting fraud, insurers know that better data means better fraud decisions.
Note to insurers: 'The factory is the product'
There’s a phrase Elon Musk has repeated many times; “the factory is the product”.
Cyber risk - The impact on financial health and reporting
Cyber security has an increasingly vital role and impact on businesses.
Five things the insurance industry can learn from the digital banking revolution
The insurance industry does not need to reinvent the wheel, technology-wise, and can utilise and leverage what the banking industry has spent years researching and developing.
Underwriters need AI to get out from between a rock and a hard place
Underwriters can often be stuck between a rock and a hard place – the need for speed on one side, and the limits to review accurately on the other.
Guidewire Connections 2022: Collaborating and sharing stories to engage, innovate, and grow efficiently
Guidewire recently hosted its 18th annual Connections user conference in Las Vegas.
Customer satisfaction as a driver for policyholder retention - how does it work?
Insurance premiums are rising due to inflation, which typically drives down policyholder satisfaction.
Use AI to align complex claims with experienced adjusters
Claims handlers and adjusters have varying levels of experience and a range of specialties. This blog highlights how insurers can use AI to utilise these abilities most efficiently by aligning complex claims with experienced adjusters.