Tag Archive: insurers

December 12, 2018

Time to reflect on the insurance market in 2018

The insurance market has provided a multitude of positive stories as well as the odd note of pessimism over the past year. There has possibly never been a better time for industry commentators. Plenty of news for debate, controversy and...

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November 21, 2018

The benefits and challenges of an MGA

A Managing General Agent (MGA) manages all or part of the insurance life-cycle for an insurance carrier. This delivers multiple benefits to the carrier: Expertise: An MGA has in-depth expertise that insurers may not have and which can be costly...

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September 27, 2018

Can personal data really transform insurance?

Personal data is arguably the most valuable asset of any Insurer. Collecting, analysing and gaining insight from the frighteningly huge amounts of available personal data has long been feted as the route to real disruption in the insurance market. There...

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August 15, 2018

The insurance business model needs fixing

The traditional Insurance business model is cracking and is forcing the re-invention of insurance. Headlines such as “Why the insurance market is ripe for disruption” and “Digital disruption in Insurance” hint of a new breed of Insurers. The Aviva Chief...

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February 21, 2018

Build or Buy?

Should a technology solution be custom built or externally sourced with a commercial, off-the-shelf option? This is a fundamental question across every business, but is currently especially pertinent for the insurance industry, given the focus on new providers of insurtech....

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January 26, 2018

AI, an insurance revolution – fact or fiction?

Artificial intelligence (AI) could revolutionise the insurance industry. 2018 has started with a multitude of similar eye-catching headlines, so I thought it was time to wade in with our thoughts. Is this statement fact or fiction? Why the hype? Let’s...

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November 29, 2017

Emerging technologies – risk and opportunity

The potential of new technologies is hard to deny. They enable organisations to challenge previous assumptions and to pose new questions. Innovators use them to test and learn, or to find new ways of creating value for companies and customers...

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October 26, 2017

What does the future hold for commercial insurance?

With the rise of digitally distributed insurance and increased commoditisation, what does the future hold for traditional commercial insurance? Whilst there have been huge advances in online distribution for personal lines, commercial insurance has been relatively untouched by digital innovation....

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September 27, 2017

Insurance needs the right technology to survive

The right technology is never far from insurance headlines. Indeed, this recent headline caught my attention. “Adapt to survive an uncertain future, warns insurtech start-up founder” The thrust of the article was that Insurers are being held back by legacy...

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