March 1, 2022

How Technology will Shape Insurance in 2022

Insurance has been with us in some shape and form since ancient times. Today, though, its latest incarnation has entered the digital age as big data, AI and the internet of things combine to transform the way in which insurance...

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November 8, 2021

Technology benefits, stop talking and start doing.

Technology benefits have certainly been at the forefront of the news recently. Firstly, the global pandemic continues to highlight the benefits of digital solutions. More recently, who can have avoided the spotlight on Climate Change? Few people could have escaped...

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October 19, 2021

Insurance technology – beware of the hype

Insurance technology is making news. Headlines such as ‘Technology and disruption in the insurance world’ and ‘top tech trends disrupting the insurance sector’ are common. But how much disruption have we actually seen? A recent article summed up the reality...

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September 21, 2021

Insurance and the Internet of Things

Insurance and the Internet of Things could go together like birds of a feather. And why is that? Well, according to Wikipedia, “The Internet of Things (IoT) describes physical objects, that are embedded with sensors, processing ability, software, and other...

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July 14, 2021

Is Climate an Insurance Problem?

Is climate an insurance problem? Well, the figures seem to speak for themselves. According to leading analysts at Jefferies, year-to-date, catastrophe claims are running 17% above the long-term average (2008-2020). Source of Climate Claims The table below illustrates the huge...

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June 23, 2021

The challenge of insurance ‘small print’

Lengthy policy terms and conditions, often referred to as the ‘small print,’ contain details of specific restrictions and limitations of a contract. If a customer takes out an insurance policy without fully understanding these terms, it could be a recipe...

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May 18, 2021

Insurance and Trust

Insurance and trust should go together like a horse and carriage. Unfortunately the current reality is somewhat different. We recently shared our thoughts on trust in the insurance market with Modern Insurance Magazine. In our blog How do we make...

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April 12, 2021

The value of insurance data

The value of insurance data is probably proved by the fact it is often described as ‘the new gold’. However, I was struck by the truth in the title of a recent article, Data needs to be imbued with meaning...

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March 10, 2021

Insurers must evolve to compete

Insurers must evolve to compete sounds such a common-sense statement. But then it is a statement that applies across every industry and often goes unheeded. The retail market is full of examples of well-loved brands that failed to evolve. Names...

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February 16, 2021

Data and insurance

Data and insurance should go together seamlessly. The news that The European Insurance and Occupational Pension Authority (EIOPA) are to consult on open insurance places data firmly in the spotlight. The European watchdog recognises that the insurance sector has already started...

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