The ’ability to assimilate all of that knowledge and make sense of it is a really key challenge for underwriters’, says general insurance leader
Innovation is key for insurance firms to maintain a competitive advantage, but many firms lack the flexibility that drives it
Technology is playing a greater role in insurance operations, with the use of voice analytics gaining traction in claims functions
Leading commentators have called for socioeconomic background to become a protected characteristic under the Equality Act 2010
‘This is the physical manifestation of that type of modern fraud that anybody can become a victim of,’ says detective inspector
Protestors targeting the insurance sector over covering broad risk classes is not new – however, deliberate action over insuring particular clients poses a new physical threat to businesses
’Insolvencies are rising, geopolitical uncertainty is considerable, cyber risk is elevated and ESG claims are here to stay,’ says head of global financial lines
RSA director notes there is a ’clear market demand for the job software houses do’
UK chief executive flags ‘really good energy’ at the specialist insurer as it targets retail growth ‘between 5% and 15% at the right level of profit’ over four-year strategy duration
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
AI ’doesn’t fit squarely in technology [roles] because data is involved’, therefore more firms have begun hiring chief artificial intelligence officers, says chief executive
Data outsourcing is becoming a larger target for cyber attacks as companies look at ways to cut internal costs