How big data and AI could slash insurance costs

AI Data

Alex Holdsworth, executive strategy director at Monsterlab, explains how by harnessing the power of big data and AI, insurers can encourage healthier habits to reduce claims and cut costs.

The digital world we now inhabit and the high levels of interaction with retail and online brands have changed consumer expectations.

Higher levels of personalisation and engagement with product and

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Q&A: Sara Newell, Moneysupermarket

Sara Newell, commercial director of insurance at Moneysupermarket, reflects on whether Amazon’s exit will put others off challenging price comparison websites plus how the business is helping providers adhere to the Consumer Duty.

Is fraud detection the only funding certainty in insurance?

Content Director’s View: Another year, another raft of insurers highlighting record fraud detections and savings. Jonathan Swift reflects on this and asks whether the industry is close to a tipping point when it comes to continued improvements in preventing and uncovering these crimes.

British Insurance Awards 2024 winners revealed

Aviva was among the big winners with four outright prizes at last night’s (3 July) British Insurance Awards, on an evening where former British Insurance Brokers’ Association CEO Steve White was recognised with The Achievement Award.

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