Artificial Intelligence – Page 25
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IT Interview
New entrants to HNW market set to cause ‘disruption’ – Criterion
Although startups within the high net worth market may showcase greater digital capabilities than current incumbents, Criterion’s operations director emphasises that service is still king when it comes to this genre of customer
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Online only
Esure swings back to profit as insurer aims to ‘leapfrog’ rivals
The insurer’s chief executive believes that technology and data science is the key to winning insurance’s ’game of small inches’
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News Analysis
Flood deal spotlights the need for a proactive approach
Swiss Re’s latest flood partnership gives visibility to the fact that data is becoming increasingly vital in the proactive management of flood risks
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News
Hybrid working model is a ‘huge opportunity’ post-pandemic – Direct Line Group’s Penny James
Direct Line Group’s chief executive says she is proud of her staff managing the stresses of lockdown while serving customers throughout the pandemic
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News
Direct Line Group gunning to be the ‘insurance company of the future’
In a live video stream this morning with journalists, Direct Line Group’s chief executive Penny James said the insurer hopes to support customers across their entire insurance lifecycle via a fully digital ecosystem
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News
Aviva’s ‘big ambition’ to be the ‘UK’s leading insurer’
Aviva’s chief executive warns that the insurer has ’a long way to go before we unlock the true potential of Aviva’, but that building upon its 2020 financial results ’is just the start’
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Features
Briefing: Will cyber insurance be the casualty of the next ‘black swan’ event?
The issues surrounding business interruption cover linked to pandemic-caused claims hit insurers and hit them hard. It’s only natural, therefore, to want to look ahead to other products that may follow the same trajectory if another black swan event arises - and cyber insurance has “certain parallels” according to the ...
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News
Insurers must cater to emerging risks posed by new technologies and IoT
During an Insurance Times webinar yesterday, a panel of cyber insurance experts discussed potential risks surrounding IoT products and upcoming technologies, emphasising that insurers must be aware of these challenges in order to deliver ‘proactive’ risk management
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News
New digital broker looks to wrap up lifestyle niche
The technology driven business plans to fill ‘a significant gap in personal lines etrading’ says founder
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News
Jacqueline McNamee’s insurtech MGA plans rapid expansion
The insurtech MGA’s chief executive McNamee says the firm is in a ‘strong position’ to drive exponential growth
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News
Allianz could gain a competitive advantage via insurtech partner’s instant claims strategy
GlobalData believes that targeting immediate claims payouts is a ’good strategy’ from Allianz
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News
Data enrichment impact in insurance must be thought about ‘critically’ – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Duncan Minty founder of Ethics and Insurance discusses the risks around data enrichment
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News
Insurtech UK calls for end to VAT regime for insurtechs ahead of Spring Budget 2021
The trade body discusses the challenges that insurance premium tax causes the insurtech sector in the run up to the topic potentially being debated later this week on 3 March
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People & Opinion
Q&A: Insurtech benefits apparent amid pandemic but complex claims need a human touch – Gallagher Bassett
Andrew Sewell, Gallagher Bassett’s UK technical director speaks to Insurance Times about insurtech and how the pandemic has demonstrated the sector’s importance, but a human touch is still necessary for complex claims
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News
Surveillance of activities could be ‘threat to privacy’ – FOIL
Speaking at a recent Forum of Insurance Lawyers’ (FOIL) webinar, Melissa Collett, professional standards director at the Chartered Insurance Institute (CII) explains why insurers must be “explicitly careful” with data
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News
Former Aviva chief exec to launch insurtech
The business plans to target the non-prime and standard segments of the UK motor insurance market
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Features
In Focus: ‘Enabler’ insurtechs will provide digital skill set to steer insurers out of pandemic – Sønr
Insurtechs offer a ‘great opportunity’ to assist large corporate insurers in making a ‘digital shift’ says Sønr chief executive
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News
Insurtech Trõv partners with electric vehicle sharing company
This partnership is part of the insurtech’s expansion plans
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News
General insurance market faces ‘fundamental changes’ – EY’s Tony Sault
Tony Sault, EY’s head of general insurance, tells Insurance Times what challenges the insurance industry might face over the next few years following the fallout from the pandemic, the Supreme Court business interruption case and the FCA’s pricing review