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Artificial intelligence (AI)

FOS looking to improve its ‘value for money’

The Financial Ombudsman Service is actively working to justify its cost to the industry through its overhaul consultation in July, delegates at the Chartered Institute of Loss Adjusters conference have heard.

Diary of an Insurer: Hiscox’s Shali Vasudeva

Shali Vasudeva, group chief operations and technology officer at Hiscox, oversees areas including technology, data plus artificial intelligence, property services, procurement, and change management including improvements to the claims process.

Why Kafka-length insurance policies need to go

Editor’s View: Fresh from a summer break, Emma Ann Hughes returns to an inbox brimming with industry news and a stark reminder from Fairer Finance that, two years on from Consumer Duty, insurance documents remain as impenetrable as a Kafka novel.

Q&A: Jeff Heine, Novidea

Jeff Heine, chief revenue officer at Novidea, tells Insurance Post how the firm plans to be a market leader globally through its data-driven end-to-end platform and the way clients can harness Novidea to drive artificial intelligence development.

Big Interview: Andrew McMellin, Markel

Andrew McMellin, president of Markel International, sits down with Harry Curtis to talk about the insurer’s plans to hit $5bn premium by 2030, rebalance its portfolio, and how it’s using AI to turn the distribution chain on its head.

Diary of an Insurer: Charles Taylor’s Jeremy Stevens

Jeremy Stevens, head of EMEA business at Charles Taylor InsureTech, keeps running up and down Crystal Palace’s hill, briefs the team on new client projects across the globe, and gets home in time to finish reading Fantastic Mr Fox with his daughter.

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