While the Odgen discount rate changes hit the headlines, and terrorist attacks, the Grenfell Tower fire and the hurricanes in the US dominated the year, 2017 will definitely be remembered in the global insurance industry for its technological…
Blockchain has become a buzzword in the industry but few know what it means, even less so its implications for insurance.
Lyndon Wood is an author, TV presenter and entrepreneur behind the largest independent insurance broker in Wales.
This week, the cold has crept in and we are bringing back our winter coats while shoving on our summer clobber to one side.
Blockchain and smart contracts could help the insurance industry increase the efficiency of its transactions and data analysis, explains Alastair Swift, head of corporate risk and broking, GB, Willis Towers Watson.
Almost a year into her role Zurich UK CEO Tulsi Naidu talks to editor Stephanie Denton about the events of the last 12 months and how the insurer is progressing with its transformational programme.
Instead of just driving efficiencies, some start-ups now have the ambition to become full-stack insurers, warns Paul Cuatrecasas, CEO of investment bank Aquaa Partners, urging incumbents to buy out these potential competitors.
The Blockchain Insurance Industry Initiative, B3i, will begin market beta-testing of its reinsurance blockchain prototype for reinsurance transactions.
Global consultancy EY has been working with insurance firms, software companies, ACORD and global shipping company Maersk to provide a blockchain platform for marine insurance.
The inaugural Claims Conference Sydney took place on 29 August. Chairman Andrew Tjaardstra summarises four key themes from the event.
Eighteen months into his role, Anthony Baldwin, CEO of AIG Europe and AIG UK, talks to Stephanie Denton about restructuring, co-creating and being the first insurer to move to Luxembourg.
When my toddler says ‘fox’, it sounds very rude. I mainly laugh at it but I’m also a bit scared that the next time she spots a fox in our local park, she will point at it, proudly shouting ‘F***! F****!’
Blockchain is gaining popularity among insurers, who will need to figure out how to integrate it with legacy systems, says Michael Clifton, senior vice-president, global insurance strategy and ventures at Cognizant.
AIG has partnered with IBM and Standard Chartered to deliver the first multinational insurance policy using Blockchain.
Blockchain based insurtech company Iclaims has come up with an app-based solution that could settle single item claims in seconds.
A Blockchain prototype will be rolled out as part of the London market modernisation scheme.
Insurance start-up Traity has launched a new blockchain-based chatbot that could help people insure their online peer-to-peer transactions.
Ten more insurance companies have joined a pilot scheme to test the impact of Blockchain on the industry.
Smart homes fitted with sensors could trigger automatic claims payments, a conference heard.
Blockchain technology is a viable option for the London market, a report has found.
Test your knowledge on this week's insurance news.
Tokio Marine has begun testing a blockchain-based insurance policy for the shipping industry.
Fraud officers are likely to be the first within the insurance industry to use Blockchain technology as this is the part of the insurance chain that is most used to collaboration.
Five of the largest insurers have joined forces in a pilot scheme to test the impact of Blockchain on the industry.