Data analytics
Insurers shifting towards wholly digital sales process, Accenture finds
More than half of insurers globally expect to have a wholly digital sales process in the next three years, according to research from Accenture.
More data needed to assess impact of telematics on young driver collisions, DfT finds
A Department for Transport report has concluded insurance data alone is not sufficient to assess the impact of telematics-based insurance on young driver accident rates.
Europe: Cyber thieves - the nightmare before Christmas for insurers
The nights are drawing in, Christmas is coming, and retailers are getting fat on the back of Black Friday and Cyber Monday, which have boosted annual high street sales this year to record levels.
C-Suite - Broker: Time to go big on analytics
Brokers need to respond quicker to client demand for recommendations based on big data.
Fraud 2015: Banking v Insurance analytical resource is 'chalk and cheese'
Comparing the insurance industry’s analytical capabilities to those in the banking sector is like comparing “chalk and cheese”.
FCA launches big data investigation in GI sector
The Financial Conduct Authority has launched a "call for inputs" on the use of big data in the general insurance sector.
State of Insurer Nation Blog: Understanding risks and improving operating results in the digital era
The digital age is truly upon us, with consumers looking to both research and purchase products using a wide range of devices, wherever and whenever it suits them.
Blog: What the Data & Tech Awards entries reveal about the state of the insurance sector
I was thrilled to be invited by Post to help judge the Data, Analytics and Technology Awards for Insurance 2015. The process provided a welcome opportunity to broadly assess how the insurance has adopted new technology and to review a number of best-in…
Smartphones equal to black boxes if data quality is high, Wunelli says
Smartphone telematics data can be of an equal quality to black box data so long as companies are aware which data is not good enough to be used, according to telematics provider Wunelli.
State of the Insurer Nation Blog: Extracting value from data through robust policies and expertise
One of the key drivers of innovation in today's insurance market is the ever increasing volume and diversity of data available to insurers, and their ability to apply insight drawn from this data to provide competitive advantage.
Roundtable: Technology: Are insurers ready for the next technology revolution?
What are the forthcoming trends insurers are likely to face?
Blog: Into the Solvency II home stretch
Time moves fast in the autumn. The moment summer ends, Halloween is upon us, followed rapidly by Bonfire Night, Christmas, New Year... and, oh yes, Solvency II.
Insurance Data & Analytics 2015 as it happened
Couldn't make it to the Radisson Bloomsbury for Post's Insurance Data & Analytics event?
Executives see technology investments as priority for boosting profitability
Insurance executives are beginning to recognise the importance investments in technology can play in boosting profitability, according to research by Interim Partners.
PWC sponsors insurance start-up accelerator
PWC’s UK insurance practice has joined up with the insurance accelerator programme at Start-up Bootcamp, a network for start-up companies.
Alibaba-backed Ant targets China's internet market with £120m purchase
Cathay Financial Holdings has agreed to sell a 60% stake in Taiwan-headquartered Cathay Insurance (China) to Alibaba-owned Ant Financial.
Trade Voice: Big data, big opportunities…
…and a fair few big challenges along the way as well.
Post Q&A: The use of data and analytics in the London and Lloyd's market
The London market is one that is characterised by significant competition, but low margins.
Data Leaks: Plugging the leaks
With a new EU directive concerning data security expected later this year, insurers must make sure they exceed industry standards.
Technology: A brighter future
The insurance industry can learn a few lessons from the recent London Technology Week Festival, particularly in terms of driving company engagement.
On the soapbox: The big issues with big data
The increased use of big data by insurers has not gone unnoticed by the regulator, leading to an announcement in its 2015/16 business plan that a review is to take place in 2015, focusing on the risks and rewards big data poses.
Generali in exclusive talks to buy My Drive Solutions
Generali group CEO Mario Greco is seeking a "new business model" as the Italian insurer opens exclusive talks to buy UK-based telematics provider My Drive Solutions.
Europe C-Suite: Big data - a real game changer
Big Data is fundamentally changing the world, and while insurers have been quite tardy in coming to the Big Data table compared with others, there is an increasing appetite surrounding the topic.
Blog: New directions for distribution
Mark Bates looks at digital distribution and the emergence of a disruptive hub technology