Zurich Risk Advisor tool will be a hit with businesses adjusting to the new normal
The COVID-19 pandemic has brought employee mental health into the spotlight once again. With many shifting to remote working environments and with limited physical interactions beyond their households, now more...
HSBC Life and dacadoo partner to boost wellbeing offerings
HSBC Life and dacadoo have entered a global partnership to help customers improve their physical, mental, and financial wellbeing. dacadoo's...
Removing uncertainty from digital transformation in the Middle Office
Ceall O’Dunlaing, Chief Technical Officer at Financial Risk Solutions, unpacks the complexities of enterprise technology transformation and demonstrates how the continuous deployment practices...
COVID-19 brings motor insurance premiums down but only for new policies
The dynamics of the UK motor insurance market are changing. Road traffic accidents have fallen, as has the number of...
Anorak partners with Iress for regulated protection advice
Insurtech Anorak, the fully automated life insurance advice platform, has partnered with Iress to provide a protection advice platform to...
Latest News
Arthur J. Gallagher plans to acquire Aon, Willis assets
US-based insurance brokerage firm Arthur J. Gallagher is reportedly in talks to purchase certain assets from Aon and Willis Towers…
EIOPA to test insurers on Covid-19 pandemic scenario
The European Insurance and Occupational Pensions Authority (EIOPA), a financial regulator, has launched a stress test this year. The 2021…
MAB signs deal to acquire Intégrale’s entire portfolio
Monument Assurance Belgium (MAB) has agreed to acquire the entire portfolio of local peer Intégrale. The move follows a firm…
Metromile to accept insurance premiums in cryptocurrency
US-based digital insurance platform pay-per-mile car insurance company Metromile is set to start accepting insurance premiums in cryptocurrency. The company…
Features
Auto insurance automated – how technology is driving the industry into the future
It’s no secret, applying for motor insurance is seen as a cumbersome and time-consuming process that very often leads to confusion about what is (or...
Insurance and insurtech in 2021: full steam ahead?
2020 was a year dominated by a global pandemic. While it has not left the news, particularly in places such as the UK, insurance has...
Driving the UK economy forward – one van at a time
Almost one year into lockdown and with no end to restrictions likely for the foreseeable future, the outlook for many does seem bleak. But there...
Zurich utilising AI to create jobs, not lose them
Usually, artificial intelligence (AI) and machine learning is associated with job losses as people are replaced by machines. Insurer Zurich has decided to go in...
How insurance providers can drive change in health and fitness
Since March 2020, the UK government has implemented measures to alleviate the pressure on the NHS and a new health strategy, alongside ongoing social distancing...
Can AI and machine learning make the insurance experience a joy?
Insurance has often been regarded as an unwieldy process. However, with developments in artificial intelligence (AI), could the insurance experience be ready for a change?...
The need for speed in a post-Covid-19 automotive insurance market
If there is one positive to take from the coronavirus pandemic, it’s that businesses have found more innovative and creative ways to not only survive...
Covid-19 and life insurers: Playing the waiting game is not an option
As the initial operational shocks of COVID-19 are starting to subside, UK life insurers are tackling the question of how other aspects of their business...
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Expert Commentary & Analysis
View MoreRenters mistakenly rely on their landlord for insurance
UK renters continue to ditch renters’ insurance, mistakenly thinking that their landlord has insurance in place to cover their contents. However, with landlord policies typically providing cover for the building…
Zurich’s success with AI in the claims process highlights the potential for further improvements across the value chain
The COVID-19 pandemic has had numerous negative impacts on the insurance industry, but it has also created opportunities for investment in technology, as businesses need to evolve and adjust to…
Mental health benefits to become increasingly valuable due to COVID-19
Individuals are becoming more aware about the importance of mental health after the Covid-19 pandemic, opening up opportunities for insurers and employee benefit providers. GlobalData surveys show that both employees…
Usage-based motor insurers need to go beyond miles driven to compete with incumbents
Due to the pandemic's ongoing effects on mobility, a growing number of insurers are launching their own versions of usage-based insurance (UBI) within personal motor insurance. Incumbents are taking a…