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Lloyd’s shakes up oversight operations

Lloyd’s has brought all elements of oversight into one function, which will be overseen by Rachel Turk as Caroline Sandeman-Allen exits the London market after more than two decades.

Amdocs buys EIS as insurtech giants consolidate

Major software and services provider Amdocs has entered the insurtech space by snapping up EIS for $340m (£250.14m) up-front, with further payments tied to the business achieving certain performance targets.

Amazon on how insurers can get out of pilot purgatory

Insurers looking to move beyond proof-of-concept pilots must focus on customer problems, matching AI tools to specific tasks and establish clear guardrails, according to Terry Buechner, global head of insurance core system modernisation at Amazon Web…

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