Insurance Regulation

Two New Board Members at ACORD

The latest update from ACORD for you;  ACORD, the global standards-setting body for the insurance industry, today announced the appointment of two new members to its Board of Directors: Joe Brace (Operations Director, Lloyd’s Market […]

Opinion

Prioritising AI Outcomes in Financial Services to Mitigate Risk and Target Innovation

Financial services firms globally are operating amid economic and geopolitical upheaval, evolving regulatory expectations and market disruption from waves of digital-native start-ups. In response, they must innovate, change and adapt; all eyes are on IT […]

Opinion

Why Poor Data Readiness Puts Insurers’ AI Ambitions at Risk

This insights piece is by Joshua Burkhow, Chief Evangelist at Alteryx Data readiness has become one of the biggest determinants of AI success in the insurance sector. Yet most firms are still far from the […]

Global insurance trends

Policybazaar Offers US Dollar Insurance Plans For Expats

An interesting currency solution for the Indian diaspora; As GIFT City expands India’s global financial ecosystem, Policybazaar has started offering US dollar-denominated term insurance plans of its partner insurers for NRIs through India’s International Financial […]

News

Average Tenant Contents Claim is Worth £1400, Says Tesco

Some useful claims data here from Tesco Insurance; TVs, laptops and phones are among the everyday household items renters are most likely to claim for on their home insurance, new data reveals. Latest figures from […]