All articles by Ronan Mccaughey

LISS Systems acquired by EXL

Global operations and analytics company EXL has acquired LISS Systems, a UK-based provider of policy administration solutions for the life and pensions industry.

ICMIF welcomes Swiss Re’s positive report on mutual insurers

The International Cooperative and Mutual Insurance Federation (ICMIF) has welcomed a Swiss Re report, which argues that by leveraging new technologiesmutual insurers can continue to build on their recent renaissance and potentially launch a new era of mutualism.

Brexit sparks surge in UK finance professionals seeking income protection

The upheaval of the UK’s Brexit vote has sparked a surge in finance professionals seeking quotes for income protection policies, according to insurance comparison website and broker, ActiveQuote.

Timetric IIC survey: Tech insurance disruptors of the future

Big data and analytics will be the biggest insurance disruptors in the next five years, according to a survey by Timetric’s Insurance Intelligence Center (IIC).

The Timetric IIC survey found both technologies have also disrupted the insurance the most to date.

Social media, the Internet of Things (IoT) and automation tied jointly in second place as the technologies that will affect insurance the most in the next five years.

Insurance pooling expected to grow with increased awareness

Increased awareness about insurance pooling should drive an uptake in pooling arrangements, according to Dyson’s global reward and operations director Matt Austin.

RGA seals reinsurance partnership with Now Health International

Now Health International / Best Doctors Insurance Group (NHI-BDI) has partnered with life and health reinsurer RGA.

AIG Life and NFU Mutual partner in UK

AIG Life and National Farmers Union Mutual (NFU Mutual) have agreed a partnership for NFU Mutual to distribute AIG Life’s protection products on an exclusive basis to their customers in the UK.

SunLife: ‘Make life insurance policy documents a shorter read’

New research by SunLife has found the average insurance product comes with 25,669 words of explanation – more than Shakespeare’s Romeo and Juliet – and takes as much effort to understand.

Aviva Singapore launches financial advisory firm

Aviva has launched a financial advisory firm, Aviva Financial Advisers, in Singapore. It is licensed to advise on a full range of life, health, general insurance and investment products.

LII Innovation Tracker: artificial intelligence, an insurance dream or nightmare?

Insurers currently face the challenge of extracting value from the large amounts of data they have accumulated. This is even more challenging as the volume of data is continuously growing.

In particular, data analytics company and French start-up, DreamQuark, points out that healthcare and insurance players have stored an enormous amount of medical data that could provide a comprehensive view of both the causes and the consequences of health disorders.