New tech & big data: are they good for insurance?

New tech & big data: are they good for insurance?

Richard Keating investigates how big data and new technologies are changing the face of the insurance industry, and examines the resulting threats and opportunities

June 2018

Actuaries in the age of artificial intelligence

Actuaries in the age of artificial intelligence

Ben Pring explains how artificial intelligence is likely to change every aspect of the insurance industry and what insurance firms can do to keep up

February 2018

Brace yourselves: Global cyber insurance demand is coming

Brace yourselves: Global cyber insurance demand is coming

While cyber liability insurance is one of the fastest growing type of products in the industry, the majority of growth has come from US, but that is about to change.

August 2017

#Insurtech is a launch pad to unimagined possibilities

#Insurtech is a launch pad to unimagined possibilities

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

News

Two-thirds of large firms at least considering blockchain

Nearly two-thirds of large businesses with over 10,000 staff are looking to deploy new blockchain projects, up from around half last year, a new survey has found.

Tuesday 18

September 2018

Two-fold increase in InsurTech-based premiums predicted by 2023

 

InsurTech is expected to help generate over $400bn (£312bn) worth of premiums worldwide by 2023, more than double the estimated $187bn today.

Tuesday 21

August 2018

CEOs to look to data scientists for growth

CEOS from across the world believe that data scientists will be their most important workers in the search for future growth, a new global survey has found.

 

Monday 13

August 2018

Two-fold increase in cyber security fears

IT professionals worldwide are more than twice as worried about data breaches and cyber attacks today than they were this time last year, a new survey has found.

 

Monday 30

July 2018

Financial firms record 85% increase in cyber security spending

Finance and insurance companies in the UK invested more money in cyber security than any other type of firm over the latest financial year, new analysis has found.

 

Monday 16

 

July 2018

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.

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  • 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.

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  • 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