Insurance Systems Insights
24th September 2020
Insurers are embracing technology as the pandemic continues to disrupt the industry, but interest in partnerships does not yield immediate implementation.
“We’ve definitely seen an uptick in interest and demand – people reaching out, wanting to understand what’s possible, how a solution might work for them and to explore... read more
7th September 2020
Until recently, there was reluctance amongst some to embrace digital banking. And then the coronavirus spread. The pandemic has made many more people move to digital channels out of necessity.
In their push to stay relevant, most banks have concentrated their digitisation efforts on the requirements of Gen Z and Gen Y, a growing potential... read more
21st August 2020
“If our CEO came to us and said ‘right, we want to rapidly digitalise this bank so that we do everything that we do today only through digital channels,’ we would have sized that and said we're going to have to stand up multiple programs, it's going to take us 12 to 18 months because that's what everything takes... read more
19th August 2020
The insurance industry continues to face a crisis of trust while attempting to make advances in customer personalisation, according to market participants.
“We’ve got a lot of challenges ahead of us in insurance because of personalisation,” said Sam White, chief executive of Pukka Insure during an online MoneyNext Summit... read more
23rd July 2020
Lawyers representing UK insurers began their oral submissions today as the Financial Conduct Authority’s (FCA’s) High Court test case continued.
Representing the insurers, Gavin Kealey QC said the case was “not a question of the insurers escaping liability; it is simply that that which is the peril which is insured against has... read more
16th July 2020
Simon Rockett, head of UK risk underwriting at the company, told bobsguide that opportunistic fraudsters have capitalised on how the pandemic has affected businesses, exploiting the vulnerabilities that have arisen as a consequence of the unprecedented situation: “Many businesses have been closed for quite a while now and others have had... read more
8th June 2020
By David Griffiths, CEO, FISCAL Technologies
As the economic impact of the pandemic deepens across the globe, the ability of organisations to procure products and services in a timely, yet safe manner has never been more important.
As the pandemic spread across the world, a number of factors impacted global supply and demand, and sadly,... read more
5th June 2020
By Andrew Fitzgerald, sales director for Western Europe and Sub-Saharan Africa, Cohesity
A short history of modern business IT might report that the Noughties were all about taking baby steps in cloud applications such as Salesforce, Google Apps, Taleo, Ariba and NetSuite. The 2010s saw clouds proliferate as pioneers took a... read more
28th May 2020
C-suite executives and boards have already centred entire corporate strategies around Digital Transformation. With one of the most advanced legal environments in the world in terms of the relationship between law and business, Digital has naturally remained a top priority for UK businesses. Given the economic value these initiatives can bring to a... read more