Investment

How Gaming Data Models Influence Claims Prediction and Risk Tracking?

By now, many insurance companies know all too well that utilising sophisticated data models that are commonly used in online gaming and casinos can provide powerful insights into risk management processes. In essence, using gaming […]

Big Data

Why Understanding Probability Is Critical in Both Gambling and Insurance?

At first glance, there’s nothing similar between the two industries. There’s still one thing that unites the gambling and insurance sectors: probability. This plays an important role in daily decision-making for millions of people. Whether […]

Emerging Risk

Behavioural Economics: What Insurers Can Learn from Betting Psychology

At first glance, there’s nothing in common between betting and insurance. But if you go deeper, you will definitely notice some shared features. Both industries are based on how people perceive risks and manage uncertainty. […]

News

FCA Wants Consumers to Assess the True Value of Pension Schemes

Private pensions are falling out of fashion across western Europe, as younger workers wither opt out of employment full stop for a life on benefits, or expect the benefits system to provide all the free […]

Insurance Regulation

Former Carillion Directors Pick Up FCA Fines

The latest from the FCA for you; The Financial Conduct Authority (FCA) has fined 2 former finance directors for their part in misleading statements being issued by Carillion plc. Richard Adam and Zafar Khan were […]

Opinion

UK Govt Strategy on Road Safety: Are Young Driver Risks Being Addressed?

It’s a valid question for lots of reasons but the insurance industry data is all there on younger drivers. Fact is, the under 30s are far more likely to be involved in high speed accidents, […]

Global insurance trends

Mosaic Launches Excess Casualty Unit in Bermuda

The latest new product info from Mosaic for you; Mosaic Insurance has launched an excess casualty unit, its eighth global product line, and hired specialist April Andruczyk to lead the business from Bermuda. The new […]

Global insurance trends

Pirates of The Caribbean? DBRS Morningstar Looks at Venezuela Shipping Risks

Trump’s action in Venezuela could well be the start of an ongoing set of risks for Marine/Aviation/Cargo/Oil & Gas rig insurers in the region, as other Nation States, drug cartels and activist NGOs all deploy […]