Technology
Comment: The risk of irrelevance
A recent report paints a bleak picture for the future of insurance.
Digital Insurance Strategies: Boards need to see ROI from digital innovations
RSA direct arm More Than has delivered "six-figure" savings in a matter of months with its online renewal system, driving "huge benefits" for the business.
Post Blog: Blackberry, Ratner and the lesson for insurers
The insurance industry can learn from October's Blackberry systems failure and Gerald Ratner's famous gaffe in 1991.
Lloyd's ECF claims pass 80% target
The percentage of insurance claims managed but Lloyd's Electronic Claims File system has reached 83%, an 8% year-on-year increase.
Commercial Underwriting: Future Frontiers - the world of tomorrow
With the UK commercial insurance market poised to undergo significant change, management consultancy Oliver Wyman visited the year 2022 as part of its Future Frontier Insurance report to glimpse the future of the sector.
Market moves: Spring comes early for insurers
Following a strong week for managing general agents, insurers were the main recruiters this week as the market begins its move into the spring.
Legal chiefs angered by Downing Street snub at the motor premium summit
Only insurers were invited to the Number 10 meeting, leaving many sectors feeling left out in the cold.
RDT launches Iphone app
RDT said its new Iphone and Ipad application delivers landscape business managers with real-time management information direct to their mobile device.
Market moves: MGAs making the moves
This week the recruitment space belonged to managing general agents.
Post Intelligence Benchmarking Financial and Professional Lines: Positive experience
The Insurance 360 Financial and Professional Lines report found standards to be high.
In Series On Data: Bringing credit to the nation
Credit data is relied on to help decide if customers can repay monthly instalments but, as competition heats up, will insurers consider its use in APR calculations to give them an edge?
Xchanging hires IT expert Mark Sutton
Xchanging has appointed former IT leader at the London Metal Exchange Mark Sutton as technology account director within the firm’s insurance sector.
Allianz extends Scalepoint contract
Allianz Insurance has signed a new three-year contract with claims management provider Scalepoint.
Countdown to EIS: Q&A with keynote speaker Bart De Smet
Bart De Smet, group chief executive officer for Ageas is the keynote speaker at Insurance Strategy Europe taking place in Brussels on Wednesday 21 and Thursday 23 March. In the first of a series of articles counting down to the event Insurance Insight…
Roundtable: Turning the focus onto casualty fraud
While the motor sector has tended to grab the headlines, fraud is on the rise in other areas too. Post gathered together a number of industry experts to debate how the profile of this issue in the casualty sector can be raised
Insurers rally to hail their technologies as Avantia claims flood risk first
The competition to get the upper hand in the use of sophisticated data to underwrite flood-prone properties has already started, as it seems increasingly unlikely the Statement of Principles will be renewed beyond June 2013.
Market moves: All change in the boardroom
Underwriters were the most active recruiters this week, with Ace leading the way with two major appointments. Meanwhile, Brit, Lloyd’s Channel Syndicate and Whittington Capital Management also added to their ranks. While the broking space was relatively…
LV Broker confirms tech tie-up with Acturis
LV Broker has confirmed a technology tie-up with Acturis which has been billed as enabling brokers to share risk data, access real-time quotes, share client documents and refer complex cases at the touch of a button.
Market moves: XL rings the changes
XL led the way in the recruitment space this week, as insurers made a number of key appointments. While XL added four new staff members to its ranks, Liberty Mutual, Canopius, CNA Europe and Axa also had a busy seven days. In comparison, the broking…
View from the top: Expect the unexpected
The industry must continue to adapt and evolve to meet constant changes to the market, says Mark Hodges.
In series - On data: An era of androgyny
With gender set to disappear from the underwriting landscape at the end of 2012, what factors will insurers turn to when accessing risk?
Broker focus - Personal lines: Survival tactics
Embattled personal lines brokers are facing a tough climate with falling incomes and business volumes, but those willing to adapt to the new environment can survive and prosper.
London market technology provider launches cloud offering
London Market technology firm TriSystems has launched an electronic underwriting service called Lime-St.com For underwriters to complement its broking platform.
Financial institutions under “relentless attack” from fraudsters
Fraud in 2011 topped £3.5bn, according to KPMG’s fraud barometer, which revealed financial institutions are under “relentless attack”.