News and insights on how big data is transforming insurance globally, with AI, automation, apps and more.
A few days ago, Lloyd’s, published a report called, “Sharing risks, sharing rewards: who should bear the risk in the sharing economy?”, analysing risk perceptions in a booming industry sector, which has seen the rise […]
Risk is a notoriously difficult thing to calculate accurately. As the insurance industry changes and Artificial Intelligence is used to assess consumers, businesses and nations, it will be interesting to see how much weight AI […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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