#Insurtech is a launch pad to unimagined possibilities for insurers

#Insurtech is a launch pad to unimagined possibilities for insurers

 

Insurtech is where the insurance industry’s future begins, a starting point that is unfathomable, challenging and yet well within reach.

June 2017

Uptake of robotic-assisted surgery brings risk

Uptake of robotic-assisted surgery brings risk

Once considered a far-fetched science fiction notion, robotics is now being used in the medical arena, offering transformative potential in patient care, prostheses and surgery.

April 2017

How can we manage the dynamic nature of cyber-risk?

How can we manage the dynamic nature of cyber-risk?

Integrating board governance, technology solutions, behavioural change and risk transfer solutions can help reduce risk to a manageable level.

February 2017

Powered by the IoT, auto insurance is poised for a revolution

Powered by the IoT, auto insurance is poised for a revolution

Connected cars promise to make car insurance more precise, personalised and convenient.

January 2017

InsTech and the innovation boom

InsTech and the innovation boom

‘InsTech’ is growing at a rapid pace, says Paolo Cuomo, as he outlines what companies are doing to take advantage of the innovations in technology available in the industry

December 2016

Want to get an insurer’s attention? Just say blockchain

Want to get an insurer’s attention? Just say blockchain

Discover why blockchain is commanding so much attention in the insurance industry

November 2016

Tip of the iceberg: creating digital customer-centric strategies

Tip of the iceberg: creating digital customer-centric strategies

Exponential advances in technology are raising the bar for what good insurance customer service looks like. 

September 2016

Learning the art of data science

Learning the art of data science

Mark Lee and Matthew Evans provide an introduction to data science for actuaries

September 2016

Towards machine pricing

Towards machine pricing

Pietro Parodi looks at the development of machine learning, and the impact on pricing

September 2016

How telematics is driving success

How telematics is driving success

Rutger van der Wall examines how telematics can be used to understand the risks of driverless cars

September 2016

Rise of the robo-investors

Rise of the robo-investors

Paolo Sironi looks at the role of robo-advice in wealth management and how artificial intelligence is transforming business

September 2016

News

Motor insurers unprepared for digital risks

Just 14% of motor insurers believe their organisation is “very prepared” to manage the risks presented by technological change, and only 18% think the industry is fully ready.

 

Tuesday 25

July 2017

InsurTech investment rises 248%

Worldwide InsurTech investment increased 248% in the second quarter of this year to reach $985m (£756m), according to new report by Willis Towers Watson (WLTW).

 

Monday 24

July 2017

Data analytics to cut employee benefit costs

Emerging technologies like data analytics will enable global businesses to cut the cost of providing benefits to staff, according to new research from MAXIS Global Benefits Network.

 

Friday 21

July 2017

Cyber breach to cost UK businesses more than £1m

UK businesses will have to spend an average of £1.1m to recover from a data security breach this year, according to a new report by NTT Security.

 

Monday 17

July 2017

Half of financial services leaders implement blockchain

Some 52% of financial services executives in the UK have implemented blockchain, while a further 30% plan to invest in the technology in the future.

 

Thursday 13

July 2017

Events

Life Conference 2017

22-24 November 2017

The Life Conference is the premier event for professionals interested in life insurance. Offering a wide range of workshops and plenary sessions it’s the perfect opportunity to discover what’s hot and current in life insurance.

Whether UK based or international, the conference is open to anyone with an interest in the life sector.  It offers an ideal forum to meet and exchange ideas with a broad range of professionals.  If you want to get up to date on the latest thinking and innovation, this is the event for you.

Date : 22/11/2017 Time : 5:30 pm
Location : Birmingham

White paper

  • Quarterly InsurTech Briefing Q1 2017

    Why InsurTech? A Pressured Insurance Value Chain

    By Andrew Sagon, Andrew Johnston and Matthew Wong

    InsurTech is a burgeoning phenomenon that is modernising the insurance industry. It is disrupting the traditional value chain whereby insurers offer loss protection, and shifting the emphasis to risk mitigation. Incumbents face disintermediation as investors in search of higher yields pour money into insurance-linked instruments in the capital markets. And entrepreneurial businesses are targeting friction costs and inefficiencies within every aspect of the traditional value chain.

     

     

  • Insurance big data – float like a butterfly, sting like a bee

    Nimbleness and agility will unlock potential

    By Elinor Friedman, Andrew Harley and Klayton Southwood

    Recent Willis Towers Watson surveys in the U.S. have shown that P&C and life insurers in developed markets are taking seriously the potential of big data and predictive analytics to improve their businesses. Nimbleness and agility, rather than brute force, are likely to be key to realizing that potential.

    Download PDF

  • The new era of insurance analytics

    Driven by technology, toolkits and talent

    By Claudine Modlin and Graham Wright

    Advanced analytics is helping some insurers offer innovative products and solutions. What do insurers need to know about the changing nature of analytics and whether it is worth the investment? Claudine Modlin and Graham Wright discuss technology, toolkits and talent — topics that may help you decide.

    Download PDF

  • How can we manage the dynamic nature of cyber-risk?

    Risk transfer is part of a comprehensive solution

    By Adeola Adele, Patrick Kulesa, Kevin Madigan and Alice Underwood

    Given the dynamic nature of cyber-risk, taking a multidimensional approach that integrates board governance, technology solutions, behavioral change and risk transfer solutions can help reduce risk to a manageable level.

    Whitepaper Form