IT company, Cap Gemini, along with Sun Microsystems, Oracle and KiQ, has launched Omega+, a customer data management tool.
Omega+ enables insurers to extract customer information, and then use it to predict future behaviour and needs.
Cap Gemini claims one area where the technology will be effective is developing cross-selling campaigns.
Lee Brooke-Pearce of Cap Gemini's insurance sector said: "Insurers need tools to help them establish who their most valuable customers are and predict what and when they want to buy."
Recent Cap Gemini research claimed that the number of insurers embarking on data warehousing initiatives would rise by more than 50% in the next two years.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
