Blog: Insurers - ignore the Millennials at your peril
After spending decades in the insurance industry on several continents, it never ceases to amaze me how we continuously fail to adapt to change as effectively as other industries around us.
In the past, it has been possible to get by with expedient choices to address immediate needs. What has crept up on the industry is the impact of a whole generation of new customers with different
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Technology
Diary of an Insurer: CFC's Chris Mullan
Chris Mullan, head of data and artificial intelligence at CFC, juggles deeply technical work, product delivery and the fast-moving realities of AI adoption with life as a father of five, rifle shooting and South Downs walks.
Insurers' greatest IT headaches revealed
Delays in data updates (75%) and inflexible screening tools (80%) are the insurance sector’s most acute challenges, a London Stock Exchange Group Risk Intelligence survey of compliance professionals has revealed.
MoneySuperMarket launches ChatGPT app
MoneySuperMarket has launched a ChatGPT app, allowing users to access services within conversations with the large language model.
Portfolio underwriting tops insurer AI priorities
Alex Schmelkin, CEO of underwriting artificial intelligence platform Sixfold, highlighted the ability to do portfolio level underwriting as the “single biggest area” of customer interest in AI-enabled underwriting.
What is on the London market’s wishlist for a Blueprint Two review?
Reports earlier this month claimed Lloyd’s had shelved the Blueprint Two transformation project after years of delays. This leaves the question: What next?... Damisola Sulaiman finds out what the market wants.
Softening market puts spotlight on tech capability
A softening market is pushing London Market brokers to favour technologically advanced insurers, according to research from Guidewire.
How CROs can swap rituals for real risk leadership
View from the Top: Darren Boland, chief risk officer at Markerstudy, reflects on how AI and other developments are changing the world of risk, and how CROs can rise to the occasion.
Avantia ditches old cloud provider for Google
Avantia Group, the parent company of specialist home insurer Homeprotect, is in the process of migrating to Google Cloud primarily due to the provider’s artificial intelligence “conviction”.