World Finance Global Insurance Awards 2017

World Finance Global Insurance Awards 2017
12.01.2018 11:42 am

World Finance Global Insurance Awards 2017

Insurance

The insurance industry is in a state of flux. For one, it's adapting to a new era of risk, in which a cyber attack could be as economically damaging as a hurricane. On top of this, the modern tools of big data, mobile phones and advanced analytics are ushering in a new generation of products that can be tailored to each individual customer. Meanwhile, the usual pressures relating to digital developments are exacerbating the 'commoditisation' of insurance, which has been brought on by internet comparison sites and the like.

Against this backdrop, World Finance has published its yearly line-up of the best companies in global insurance, recognising those that continue to grow and expand, even in spite of an ever-changing landscape and modern-day risks.

It is telling that, according to a survey by PwC, the insurance industry ranks higher than any other in terms of the percentage of CEOs that are: "extremely concerned about the threats to their growth prospects from the speed of technological change, changing customer behaviour, and competition from new market entrants."

For those in the industry, technology is both friend and foe: it is forcing change while simultaneously creating an arena for the most innovative businesses to thrive. Crucially, those that are now investing in new digital approaches will dominate the market in the future. Ultimately, the most promising businesses are readily equipped for the wider social, economic and technological changes that are underlying market trends.

The World Finance Global Insurance Awards 2017 celebrate those that are staying ahead of these developments and driving ahead with innovative solutions. Each year, the World Finance in-house judging panel compiles the list of winners after consulting key business metrics and talking with a number of industry experts.

To read more about the winners and why they've made the cut, pick up the latest issue of World Finance, available online, on mobile and in print now.

Related News

iPipeline Expands Quoting Capability via SolutionBuilder®

iPipeline – a leading provider of next-generation solutions and services to the life and pensions market – has announced that they are further expanding quoting capability via... Read more »

Cyberwrite named a 2018 Cool Vendor in Insurance by Gartner for its Cyberrisk profiling technology

Cyberwrite today announced it has been included as one of only four vendors in the 2018 list of “Cool Vendors in... Read more »

Startupbootcamp InsurTech brings insurance industry together to celebrate end of third accelerator program

Startupbootcamp InsurTech yesterday celebrated the end of its third annual program... Read more »

Co-op Insurance Signs New Application Management Contract with Sopra Steria

Sopra Steria has today announced a new application management contract with Co-op Insurance. The master service agreement (MSA) provides not just Co-op Insurance, but all... Read more »

SSP Creates New Efficiencies with Integration of iPipeline’s SolutionBuilder

SSP, a global provider of technology systems and solutions across the entire insurance industry,has integrated iPipeline's award-winning SolutionBuilder® quote and apply system... Read more »

Former MIB Head Chooses SSP for New Venture

PEX Insure, the managing general agent (MGA) founded by Byron Shepherd, has chosen two separate SSP platforms to distribute its insurance products. Shepherd was formerly one of... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App