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...
Read MoreThe 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...
Read MoreNew technology is not the cure for all ills, but it can certainly help in many instances. Recently, I had proof that development backlogs stifle innovation. I overheard someone say “Yes, I’d love to try that… but my hands are...
Read MoreArtificial 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...
Read MoreThe 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...
Read MoreWhat can the insurance industry see in the crystal-ball? In what has now become a Total Systems annual tradition, we have turned to the noble art of divination to see whether we can guess. A quick nod to 2016 A...
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