News

Businesses neglecting cyber insurance in favour of property-related protection

Businesses in Europe, the Middle East, and Africa (EMEA) are spending four times more of their budget on insurance for property, plant and equipment (PP&E) than they are covering cyber exposure.

 

Monday 16

October 2017

Lack of connected homes hindering insurance transformation

Smart technology is expected to transform the home insurance industry, but a lack of consumers engaging with connected technologies is hindering progress.

 

Tuesday 10

October 2017

FinTech saving UK businesses £4.6bn every year

Two-thirds of UK businesses have adopted at least one financial technology application, saving an average of £5,500 in the process, according to research from MarketInvoice.

 

Friday 6

October 2017

Two-thirds of firms unprepared for incoming data regulation

Some 66% of UK businesses haven’t heard about, or don’t have any plans to comply with new General Data Protection Regulation (GDPR), despite potentially being fined millions.

 

Friday 29

September 2017

Financial jobs most at risk from automation

Approximately 24% of UK business leaders in the finance and accounting sector believe a high level of jobs in their organisation will be automatable in the next decade.

 

Friday 22

September 2017

Global InsurTech investment hits two-year high

The amount of worldwide InsurTech investment in the second quarter of 2017 surpassed that seen in the previous three combined, according to new report from PwC.

 

Thursday 14

September 2017

Top three threats to business data security revealed

Ransomware, insider threats, and denial of service are the top three threats organisations face when it comes to securing personal data.

 

Friday 8

September 2017

Cryptocurrency transactions set to break $1trn barrier in 2017

The collective value of digital currency transactions for this year is expected to surpass $1trn (£0.77trn) – more than 15 times the level recorded in 2016, according to a new report from Juniper Research.

 

Monday 4

September 2017

UK InsurTech investment hits record-high

Investment into UK-based InsurTech firms increased to £218m in the first half of 2017, compared with £7.3m in the year before, according to new research from Accenture.

 

Friday 1

September 2017

Tech giants present competitive threat to banks and insurers

Financial institutions increasingly face the threat of large technology companies diminishing the value of their services, according to a new report from the World Economic Forum.

 

Thursday 30

August 2017