All TechTalk articles – Page 147
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News
MMA to launch EDI products
MMA is to launch five personal lines EDI products in partnership with software house Sirius over the next year, the insurer said this week. This will include the imminent launch of a private motor product. It will be followed over the next 12 months by a suite of three household ...
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Supercomputer to help insurers tackle climate change
Willis Research Network to use Earth Simulator supercomputer to help insurers understand natural catastrophes and climate change...
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Comments/Letters
How insurance will be caught in the net?
Anthony Hilton says the value in placing risks relies on the knowledge of a few middlemen, but the internet has the power and access to change all that
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Comments/Letters
Looking for the subtle entry point
Elliot Lane says AXA is still keen to beat Norwich Union and direct could be the answer
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News
E-premiums take off
A quarter of all premium transactions in the London market are expected to be processed electronically by the end of February.The Accounting and Settlement Repository Board, which oversees technology for the electronic processing of premiums, has revealed that daily transactions numbers have almost doubled since the start of 2007.It said ...
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Broker2Broker wins run-off contract
Broker2Broker has secured the contract to manage the run-off of Parker Barnard Havers' (PBH) retail package scheme.The fledgling online wholesale broker was established in November 2006 by SME Insurance Services.Jason Gandy managing director of B2Bi said: “This is a great opportunity to work with both past and present PBH brokers ...
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News
News in brief…
Swiss Re's Kyrill costsSwiss Re said Kyrill, the winter storm that ravaged Europe two weeks ago, could cost the insurance industry up to €3.5bn. However, the reinsurer highlighted that its hedging strategy had limited its expected exposure to a "modest" €140m.Market faces IT shortageThe London market is facing the prospect ...
