Next Generation Products and Services: How Insurers are Innovating Right Now
- 6 years 1 month ago
- Insurance
From day-to-day operations, to the very relationship between insurers and policy-holders, it is no exaggeration to say that connected insurance represents the biggest potential for transformation that insurance has witnessed since the invention of the computer. See, for example, the ability of an insurance carrier to react to live data, in real time, and prevent a loss from occurring. From simply mitigating the effects of a loss, they now become... more
HCL named a Leader for L&P (Life & Pensions) Insurance Digital Services 2019 by Everest Group PEAK Matrix™
- 6 years 1 month ago
- Insurance, Infrastructure
HCL Technologies (HCL), a leading global technology company has been categorized as a Leader in Everest Group’s recently released report, Life & Pensions (L&P) Insurance Digital Services PEAK Matrix™ 2019 – Leapfrogging the Digital Transformation Stage. This report analyzes the changing dynamics of the L&P Digital services landscape and assesses service providers across several key dimensions.
Finantix boosts leadership team with senior Brand and Marketing Communications appointment
- 6 years 1 month ago
- Wealth Management, Banking, Insurance
Finantix, the global provider of digital enabling software for the banking, wealth and insurance sectors, has appointed Marc Bussell to the role of Global Marketing Director. Bussell joins Finantix as the company continues to expand in markets across Europe, Asia and North America. His appointment follows the strategic investment in Finantix by Motive Partners announced late 2018 and represents a further key step in building out the firm’s brand...
From Hype to Reality – Powering the AI-Driven Future of Insurance at Insurance AI and Analytics USA
- 6 years 1 month ago
- Insurance
With 2018 witnessing unprecedented advances in the investment and deployment of artificial intelligence within the insurance industry, Insurance Nexus is delighted to announce that the Insurance AI and Analytics USA Summit will return to Chicago for a sixth time in 2019, welcoming more than 450 senior attendees to the Renaissance Chicago Downtown Hotel, May 2-3.
Monetising Insurance Innovation Strategies with AXA, Generali and Fidelidade
- 6 years 1 month ago
- Insurance
‘Innovation’ in insurance is no longer a luxury, it is a necessity. But to remain competitive, operationally efficient and to provide modern customers and clients with what they want, innovation demands time and dedicated resources.
Insurance AI and Analytics USA Sample Delegate List Released: Allstate, AIG, QBE, Desjardins and More Confirmed
- 6 years 2 months ago
- Artificial Intelligence, Insurance
Insurance carriers are busy building organization-wide strategies to create innovative products, leverage technology effectively and deliver real customer value – something that takes a lot of time, effort and inspiration. According to a 2018 survey of more than 400 insurance executives conducted by Insurance Nexus, 77% of North American carriers invested in AI and machine learning in 2018 (an increase on 70% the previous year), with 85%... more
Azur launches Smart Home to help brokers compete with direct insurers
- 6 years 2 months ago
- Insurance
Today, Azur is launching Smart Home, a home insurance product that allows brokers to compete against direct insurers. Whilst clients with higher valued homes and contents trust the advice of their brokers, they still seek a competitive product offered by direct insurers.
Transforming Insurance Customer Experience Using Connected, Digital Claims, with USAA, SAP Ariba, Horace Mann Insurance and Swyfft
- 6 years 2 months ago
- Insurance
In an increasingly cost-competitive industry, digital technologies are providing today’s insurance carriers with new methods of distinguishing themselves from competitors. Of particular focus is the claims process. As insurance’s ‘moment of truth’, policy-holders’ experiences when making a claim can define whether they become satisfied and loyal customers for life or disgruntled, and unlikely to return.
Understanding New Generations of Data – The Imperative for the Future-Focused Insurer
- 6 years 2 months ago
- Insurance
It is generally accepted that for insurance to match the majority of customer-facing industries in terms of customer service, omnichannel engagement and personalized products, insurers must undertake a series of radical organizational and technological transformations.
Research: 43% of senior executives and managers claim their employers have suffered a cyber attack in the past two years
- 6 years 2 months ago
- Insurance
New research from Mactavish, the UK’s leading expert on commercial insurance governance and disputes, reveals 43% of senior executives and managers believe their employers have suffered at least one cyber-attack in the past two years. However, only 31% of those who said this thought it had been dealt with ‘very well’. Just over one in five (21%) thought they dealt with it ‘poorly’.
SEI Establishes Exclusive Agreement with Inovea Group
- 6 years 2 months ago
- Insurance
SEI today announced a strategic partnership with Inovéa, a France-based, independent network of advisers and consultants specializing in insurance, real estate and finance products. Through this relationship, SEI launched and is managing six new European Strategic Portfolios (Euro SPs), each designed with a goals-based investment strategy.
New report from Novidea helps brokers and insurers maximise M&A success
Novidea, the data-driven management platform for the insurance industry, has today launched a new report to help insurance executives maximise success following a merger or acquisition. The report follows yet another huge bumper year for M&A activity in the insurance industry, as this model becomes an increasingly common path to business growth. In the UK in 2017 alone, the value of M&A deals totalled £22 billion, according to... more
CEO of American Modern joins Connected Claims USA
- 6 years 2 months ago
- Insurance
Connected Claims is welcoming Andreas Kleiner, the CEO and President at American Modern Insurance to the Connected Claims USA 2019 (June 5&6, Chicago)! This is the first time a CEO joins Connected Claims to deliver the opening keynote “The Strategic Value of Claims for an Insurance Company”. Download the event brochure for the full speaker line-up and conference agenda.
Systemorph Solution selected by Zurich as one of the providers to Accelerate and Streamline IFRS 17 Reporting and Compliance
Systemorph, one of the leaders in solutions revolutionizing data management for insurance companies and banks, today announced its IFRS 17 Reporting Solution was selected by Zurich Insurance Company Ltd. (Zurich) for achieving compliance with the new international reporting standard in a number of its local Life businesses.
HIGH RISK CORPORATES WILL BE MIS-SOLD CYBER INSURANCE SAYS NEW CONSULTING PRACTICE
- 6 years 2 months ago
- Insurance
Mactavish, the UK’s leading expert on insurance governance, has launched a new Cyber Risk Consulting Practice for corporates as it warns the majority of off-the-shelf cyber specialist insurance policies have major flaws, and that some companies need entirely different cover. Given this, it is concerned that some organisations could be ‘mis-sold’ policies.
