Big Data

Chubb Signs Up For WTW Radar Live Software

Willis Towers Watson’s Insurance Consulting and Technology business today announced that Chubb, the world’s largest publicly traded P&C insurer, has licensed Radar Live, Willis Towers Watson’s advanced pricing delivery software. Radar Live’s pricing technology and capability […]

Big Data

ICO Fines Show The Importance of Data Security

 The Information Commissioner’s Office (ICO) has issued a number of final civil monetary penalties in 2020, totalling £42,416,000. The reasons for the fines included breaches of Privacy and Electronic Communications Regulations (PECR) and the Data Protection Act (DPA). […]

Big Data

More Data Is Good, But Making Sense Of It Is Even Better

 State Street Corporation has released new research that revealed the vast majority (91 percent) of insurance professionals believe they are facing increased complexity in their organisation’s use of data to improve their operating models and infrastructure. […]

Big Data

Which? Customer Data Theft Study Highlights Cyber Risk

Which? is calling for enforcement of tough penalties for firms that fail to prevent data breaches, as new research from the consumer champion reveals the shocking scale of data theft following cyber attacks. When data […]

Big Data

Macquarie Makes Strategic Investment in UK Data Centre

Australia based Macquarie Infrastructure Debt Investment Solutions (MIDIS) has announced its first transaction in the data centre sector, supporting Vantage Data Centers, a leading global provider of hyperscale data centre campuses, in its acquisition of […]

InsureTech

Countingup Raises £4m in Extra Funding, Looks to Expand SME Offer

Countingup, the business current account that automates your accounting, has received the backing of leading fintech investors. The London-based startup has raised £4m in a bridge round of financing led by ING Ventures with co-investment […]

Technology

Big Data Offers a Stack of Benefits to The Insurance Industry

Insurance as a tool has ample opportunities to contribute to the economic and social development of the country, to satisfy interests in protecting property and income of legal entities and individuals, and therefore it is […]

InsureTech

Insurtech: Atidot Partners Up With iPipeline on Big Data Project

iPipeline® – a leading provider of cloud-based software solutions for the life insurance and financial services industry – today announced an exclusive partnership with Atidot, a Gartner “Cool Vendor” insurtech company empowering the life insurance […]