Technology
Future of insurance claims is a 'data first' approach
There is little doubt the insurance industry will need to adopt a ‘data first’ approach to provide effective claims management processes in the future.
How does artificial intelligence make subrogation viable and valuable?
Subrogation offers insurers the important chance to reduce claim costs by assigning full or partial responsibility to another party.
Trade Voice: CII’s Matthew Connell explains why the consensus on autonomous vehicles is worth the wait
Matthew Connell, director of policy and public affairs at the Chartered Insurance Institute, sets out the challenges ahead of insurers and other stakeholders that the emergence of autonomous vehicles will bring.
Staying agile and evergreen: The advantages of a SaaS core system for general insurance providers
To win in today’s increasingly competitive insurance industry, insurers need modern core systems and solutions that support their business strategies and empower them with the ability to pursue innovation.
Six key takeaways from Post's digital, data and technology breakfast briefing
Insurance Post recently gathered together a group of insurance technology experts to discuss the digital and data trends and developments the market can expect to gain traction on in 2023 and beyond. Jonathan Swift recounts some of the most notable…
Superscript says there is still appetite to fund insurtechs
UK-based insurtech Superscript has insisted its recent £45m fundraising shows there is still appetite to fund tech-led disruptors with "good business models".
Five key KPIs in insurance fraud detection and why you should be tracking them
Preventing, detecting and recovering payments on fraudulent claims are key objectives for SIU teams.
Tech trends #16: How technology is transforming P&C insurance
In this short video, Laura Drabik, chief evangelist at Guidewire outlines how new technologies enable insurers to make a profound difference in people's lives.
Lloyd’s Lab graduate Armd targets £6.5bn trades market
Armd, one of Insurance Post’s insurtech start-ups to watch in 2022, has recently graduated from the Lloyd’s Lab and used the experience to build a product designed to support the trades industry.
Breaking the barriers to insurance innovation
Insurance continues to push for modernisation and innovation but meeting the customer’s continually rising expectations for a seamless digital experience is no easy task.
Embedded insurance: Are insurers ready for a new business model?
Embedded insurance offers the potential of a rich seam of new business and lower-cost distribution. But, as a recent roundtable revealed, insurers are still figuring out how to get comfortable with their new partners.
Embedded insurance and cyber security
Embedded insurance is a hot topic in many insurer boardrooms across EMEA for all the right reasons. However, it is remiss to consider exploring embedded insurance innovations without considering security risks.
Evolving from systems of record to systems of insight and action
According to a recent study by McKinsey, “insurance market shapers,” those who boldly innovate, create significantly more economic value than their peers.
New data sources to enrich the insurance claims experience
Customer data management and identity solutions have emerged to allow insurance providers to process claims quicker from verified parties while adding appropriate review processes for high-risk claims.
How insurers can keep up the momentum on digital transformation
Blog: While Insurance businesses are ahead of the curve with digital tools, larger firms are combating the rise of niche insurtech competitors, a challenging regulatory environment and demanding consumers. Tim Queen, head of insurance consulting at…
Four questions with Marc Jones, CTO, Shift Technology
In this Q&A, Marc Jones, chief technology officer at Shift Technology, discusses the biggest challenges and opportunities facing insurers, and how machine learning and artificial intelligence is enabling insurers to derive insights from data in order to…
From admin systems to ecosystems: Enhancing services through partnerships
Insurance ecosystems are enabling effective and efficient digitisation and data exchange.
IoT drives innovation in insurance
The number of IoT connected devices is expected to increase to over one trillion devices by 2025, providing an enormous data set for insurance analysis.
Embedded insurance meets pet insurance: What's the potential?
Embedded insurance has scope across different insurance lines and pet insurance has been identified as a market in need of a radical shake-up.
Running up that hill: How to win the 2030 insurance technology challenge
The pace of change, driven by data, innovation and customer expectations is making it ever harder for insurers to identify the right technologies and innovation strategies that will future proof their businesses.
Property intelligence the where and what: The 50+ companies to know
Accurately locating a property and understanding its attributes is essential to supporting underwriting and premium determination.
Blog: How to use data to mitigate the risks from flash flooding
With the October rainfall total for England reaching 99.6mm, which represents 130% of the 1961 to 1990 long-term average for that time of year, Caroline Elliott-Grey, product manager and Heikki Vesanto, manager of insurance GIS data science, Lexis Nexis…
Review of the Year 2022: Insurtechs (part two)
Senior insurtech figures from the market reflect on 2022 and reflect on what 2023 might bring.
Review of the Year 2022: Insurtechs (part one)
Senior insurtech figures from the market reflect on 2022 and reflect on what 2023 might bring.