Technology
Top 10 criteria for selecting a modern core system vendor
Insurance companies are looking to respond rapidly to changes in business strategy by developing and deploying products at scale, across all lines of business.
Axa’s Tara Foley says insurers need to embrace a disruptor mindset to deliver more for their customers
Tara Foley, CEO of Axa UK & Ireland’s retail business, looks at why insurers need to learn from the best in class in other industries, and adapt their customer journeys in just a matter of hours rather than weeks to stay competitive.
SME perspectives: How fraudsters create fake identities
Insurers work hard to make sure they don’t write policies for individuals with fake identities, but bad actors work just as hard to avoid detection.
Driverless cars: How close are we?
UK roads could see self-driving vehicles rolled out by 2025 following the announcement of new government plans which will prioritise safety through new laws.
How UK insurers are making customers, not sales
Insurance businesses are actively exploring how to use cutting edge technology to make the entire experience of buying relevant insurance products a much easier one.
Ex-Esure CEO Peter Graham seeks partners for insurtech Kudo
Kudo, the insurtech motor start-up set up by former Esure CEO and Legal & General MD Peter Graham, is seeking partners in the open banking, insurer and aggregator space after falling short in a crowdfunding round.
Market update: Using technology to empower growth for Nordic and Scandinavian insurers
Denmark, Finland, Iceland, Norway and Sweden are host to large insurance companies that have until now been underserved from a technology perspective.
2022 European Insurance Technology Awards - winners announced
Today Insurance Post is delighted to announce the winners of first ever European Insurance Technology Awards.
Case study: Centralising reinsurance programs for greater efficiency, simplicity & ownership
Sapiens ReinsurancePro automates the underwriting and administration of reinsurance, including treaty and facultative, ceded, assumed, and retroceded reinsurance.
The future of rating is in the cloud
The next step in the evolution of rating is Guidewire's new collaborative and centralised Rating Workbench. Watch this video to learn about the future of rating on Guidewire Cloud and the value it can bring to insurance companies.
Webinar: The CX lessons every insurer should know
In this webinar, an expert panel discuss how insurance customer preferences are changing and provide some tips on how insurance innovators can position their firms at the cutting edge of digital customer experience.
Adopt and adapt: The keys to tech-powered success for insurers
Driven by competition from insurtechs and global tech giants such as Amazon; insurers, brokers and MGAs have found themselves at the heart of a technology whirlwind.
SME perspectives: Navigating change management within the SIU
Introducing AI to an insurer’s SIU may seem like an easy sell – investigators need to do less work to find more fraud – but this underestimates the potential drawbacks.
Aon’s Martyn Denney says digital solutions can bridge the protection gap and increase customer confidence
Martyn Denney, head of innovation and investments at Aon UK, says better digital propositions that combine easy online access to products with data-led advice can help brokers to better serve smaller companies that are at risk of underinsurance.
Reinsurance in EMEA - Where does it need to modernise?
The majority of insurers have come to rely on reinsurance as a tool to help grow their businesses, contribute to their overall capacity and protect their balance sheets against unforeseen events.
SME perspectives: Why legacy claim platforms can't handle subrogation
More insurers are now aware that subrogation increases the bottom line, lowering loss ratios and increasing revenue.
Webinar: How can insurance providers unlock the power of ‘smart data’?
Smart data management has never been more important as insurers strive to communicate the value of cover to retain policyholders and write profitable business.
Video: Maximising loss ratio improvements
Every insurer wants to innovate and grow profitably. To do this, insurers must make better decisions across all aspects of the insurance lifecycle.
New Guidewire Solutions help insurers tackle their biggest challenges
Guidewire Solutions help insurers launch new products quickly and solve complex business challenges in a rapidly deployable manner. This blog sheds light on three specific solutions covering: excess and surplus; retention; alternative distribution.
Win your race: Meet the global need for speed to market with the Flaine release of Guidewire GO
Getting a new insurance product to market is a journey, with speed and location both important components.
Three ways that AI can help special investigation units tackle fraud
Special investigation units play a valuable role in the claims lifecycle, but can act as a roadblock for claims if they can’t act at digital speed.
Podcast: 2022 reflections and insurtech spotlight
In this podcast, Duck Creek’s Rob Savitsky and Zach May reflect on key insurtech themes from the past year.
Cost of dated technology preventing rate changes revealed
The majority of insurers are at risk of prolonged financial losses due to the time taken to implement a significant rate change to their systems, according to research by Earnix.
Underwriting risk detection at critical decision points
The speed of digital insurance experience comes at a price: Almost 70% of insurers agree that increased digital activity leads to increased fraud.