Big Data

Allianz Receive Approval for Global Data Handling Policy

Allianz Group recently received approval of its Binding Corporate Rules from the EU-mandated Bavarian Data Protection Authority, BayLDA. Binding Corporate Rules or “BCRs” were developed by the European Union to allow multinational corporations to make […]

Artificial Intelligence

LexisNexis Launches Attract for Motor: Offers Risk & Loss Prediction

The culmination of several years development and with support from motor insurance providers across the UK, LexisNexis Risk Solutions, the leading data and analytics provider for the insurance industry, has launched Attract™ for Motor, the […]

Big Data

Opinion: In a Digital World Customer Engagement is Crucial for Brokers

In this Opinion piece, Vijaykumar Mahendrakar, (pictured) Vice President, Insurance Solutions, UK & EMEA at Mphasis, takes a look at how our digital economy is transforming the broker business. Online competition is driving down commissions […]

Big Data

Octo Telematics Partners With Renault on In-Car Data Profiling

Octo Telematics has announced that it has entered into a global partnership with RCI Bank and Services, the finance company from Groupe Renault to provide its telematics services and advanced big data analytics to enhance […]

Big Data

GDPR News: Beyond Encryption Launches Mailock Digital Delivery

The GDPR deadline in May is fast approaching and every insurer who needs to routinely share customer data needs to make sure they are compliant. The financial penalties are severe, so it is worth looking […]

Big Data

FICO Launch Cyber Security Risk Modelling Tools for Underwriters

Silicon Valley analytics firm FICO today announced that the FICO® Enterprise Security Score is the first cyber security rating to include powerful risk assessment and modelling capabilities to help insurers make better underwriting, pricing and portfolio decisions, and […]

Big Data

Data Hacking on The Rise, Says RSM Consulting

New figures from the FCA show that reported data hacking attacks against financial services companies have quadrupled in the last year.  The new statistics, contained in a freedom of information response to audit, tax and […]

Big Data

Mattereum Launch Blockchain Insurance Identity Consortium

Mattereum, the company founded by the launch release coordinator of the blockchain platform Ethereum, Vinay Gupta, with co-founder Rob Knight, and InsurePal, the first decentralised social proof insurance service, have today announced the establishment of the Identity […]