Analysis – Page 2
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News Analysis
Briefing: New rules put AI in its place for actuarial use
After January 2024’s introduction of an industry-wide code of conduct for the use of AI in the claims sector, the actuarial industry is now following suit thanks to a regulatory update
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News Analysis
In Focus: Are software houses the future of eTrading?
RSA director notes there is a ’clear market demand for the job software houses do’
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News Analysis
TechTalk: Uptick in chief artificial intelligence officers joining insurance c-suites
AI ’doesn’t fit squarely in technology [roles] because data is involved’, therefore more firms have begun hiring chief artificial intelligence officers, says chief executive
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News Analysis
In Focus: How can firms prevent their software from becoming legacy technology?
We asked: With rapid technological evolution, how can firms prevent their software platforms from becoming legacy tech in the medium-term while keeping pace with advancements?
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News Analysis
Briefing: Can risk prevention mitigate against the increase in cyber attacks on the public sector?
With cyber attacks on the public sector increasing in scale and volume, should an active model to cyber insurance be adopted?
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News Analysis
TechTalk: Crypto stock market crash could burst AI bubble for insurtechs
’The downturn in the crypto markets signals a period of heightened caution and strategic reassessment’, says chief operating officer
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News Analysis
In Focus: How can cyber insurance adapt to address risks across other lines of business?
With the rise of sophisticated cyber threats infiltrating a myriad of insurance classes, how can cyber insurance adapt to effectively address risks across various lines of business?
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News Analysis
Briefing: Why the Crowdstrike IT outage is a ‘wake up call’ for the insurance industry
’The losses we saw for Crowdstrike are not even close to the losses for a cloud outage,’ says chief executive
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News Analysis
Industry grapples with ‘scalability challenge’ around generative AI
While many insurers and brokers are dipping their toes into the waters of generative artificial intelligence, the line between experimentation and successfully scaled use cases is blurred
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News Analysis
Briefing: Addressing the insurance technology skills gap bottleneck after Girls in Tech bids farewell
’While the recent closures are a shame, it might also provide our industry and other sectors the opportunity to rethink how we work together to bring women together,’ says chief evangelist
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News Analysis
What are the key findings from 2024’s Five Star Rating Report: eTrading?
Simon Bloomfield, head of Imarket at Polaris, shares his key takeaways from Insurance Times’ 2024 eTrading report
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News Analysis
Labour’s AI strategy – and its potential impact on insurance
’The balance between fostering responsible AI development and hindering innovation is critical’ when it comes to new regulation, says chief technology officer
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News Analysis
Zurich UK promises brokers direct interaction with underwriters rather than ‘a robot’
Head of SME trading says insurer’s ’SME underwriters are empowered to make underwriting decisions in the moment’
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News Analysis
eTrading forms a ‘totally critical’ part of RSA’s market ambitions
’This is really the start of our journey. We’ve now got a solid foundation to really kick on from and improve,’ says commercial lines director
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News Analysis
TechTalk: Brain drain hits claims sector – but will AI hamper the hiring of new talent?
With artificial intelligence doing tasks typically assigned to entry level starters, how is this impacting career routes and talent in claims? Insurance Times explores the issue…
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News Analysis
Data is the key for driving autonomous vehicle launch on UK roads
Industry commentators agree that there are still a number of question marks to be addressed before the insurance of self-driving cars can become a reality
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News Analysis
Briefing: Cryptocurrency risk landscape is shifting – will insurers step up?
Insurers have steered clear of insuring crypto as it’s a volatile market – but following a recent deepfake scam, is it time to rethink this emerging risk?
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News Analysis
TechTalk: A short history of eTrading – and its future in the market
’To me, eTrading is like water running through pipes – it’s a facilitator. Any modern insurer or broker now just expects it to be there,’ says managing director
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News Analysis
Briefing: Two Insurtech 50 firms collapse amid continued investor caution
’Investors are becoming more democratic in their funding allocations,’ says global head of insurtech
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News Analysis
Briefing: Biba Conference likely to see technology top the agenda
As the UK government stands firm against IoT hacking threats, brokers must prepare for requests for new data and different questions from insurers adapting to accommodate emerging technology risks