All articles by Ronan Mccaughey

Moody’s: Blockchain’s benefits will take time

Blockchain technology can bring benefits to the financial industry and beyond, given time, according to Moody’s Investors Service.

Brexit adds to the woes of life insurers and pension schemes

Jay Patel, insurance analyst at Timetric’s Insurance Intelligence Center (IIC), explains how the adverse economic impacts seemingly caused by Brexit – and felt by life insurers and pension schemes – may actually be longstanding underlying problems that had been hitherto left relatively ignored by business and government alike, due to their inherent complexity.

Insurance start-ups advised that ‘success demands speed’

Insurance start-up mentor Gareth Eggle has emphasised the importance of speed for start-ups – reminding new players to ‘cut their losses quickly’ if things are not progressing.

Speaking to Life Insurance International (LII) Eggle, a mentor for the Insurance Programme of StartupBootCamp (SBC) and co-founder of Flint Hyde, a boutique international executive search firm, said a key piece of advice was: “make sure you ‘fail fast.”

Global insurance M&A activity dips

The number of completed M&A transactions in the insurance industry worldwide has fallen from its three-year high point in the first half of 2015, according to Clyde & Co’s Search for Growth Report.

Meiji Yasuda to deploy 100 robots in Japan selling life insurance

Japan’s Meiji Yasuda Life Insurance Company will reportedly deploy 100 Pepper humanoid robots across 80 branches in Japan to help sell life insurance by 2017.

Japan’s Dai-ichi Life targets Cambodian market

Dai-ichi Life Insurance reportedly plans to open a representative office in the Cambodian capital Phnom Penh this month.

IRM Brexit survey points to negative impact

Over half of respondents to an Institute of Risk Management (IRM) survey have said Brexit will negatively impact their organisation over the short / medium term.

Willis Towers Watson expands its life consulting capability

Willis Towers Watson has appointed Matthew Ford to the position of director. He will lead Willis Towers Watson’s London Life Consulting practice.

Research shows Londoners least likely to have life insurance in the UK

A study has shown that Londoners are the least likely to have life insurance in the UK – with 68% of adults in the UK capital stating they had not purchased life cover -10% more than their Scottish counterparts (58%).

CII: FinTech revolution could create uninsurable ‘underclass’

The growth of FinTech and the wider use of Big Data will revolutionise insurance, but may also create an uninsurable ‘underclass’, according to new research.