Opinion

Brokers Face Fundamental Challenges the Algorithm Can’t Resolve

This piece is by Alessandro De Leonardis, CIO, Armundia Group Should we automate more in insurance brokerage? Any institution must first reckon with a constraint that precedes any model: data quality. Information comes from different […]

Motor Insurance

Automated Records Removal by DVLA Could Cause Headaches For Insurers

This is interesting research from QuestGates and highlights the importance of accurate record keeping by the DVLA; stolen vehicles are being `wiped’ from the system, which creates obvious problems for insurers and future owners alike. […]

News

Say Hello to BuildwellAI; Built For The Construction Sector

This new platform is aimed at the construction sector, where multiple contractors are often on-site or involved in a long term project. BuildwellAI, a compliance intelligence platform for the UK construction industry, has officially launched. […]

Global insurance trends

Swedish Club Warns on Crew Training & Competence

The latest from The Swedish Club; Asia’s rapid investment in LNG and alternative fuel vessels must be matched by greater investment in crew competence if the industry is to realise the safety benefits of next-generation […]

InsureTech

Estimated 40% of Insurers Using AI Underwriting, Says Sollers Report

The latest research from Sollers Consulting; The global insurance industry is entering a pivotal phase in the digitalisation of underwriting, driven by intensifying competitive pressures, a softening market and rapid advances in artificial intelligence. According […]

InsureTech

EIP Launches TPAi Tool, Targeting Claims & Decision Making

The latest news from EIP for you; Insurtech EIP has announced the launch of Virtual TPAi, a first-of-its-kind AI tool that offers end-to-end automation of insurance claims processing and decision making.  EIP has built a […]

Opinion

Global Reinsurance Complexity has Reached a Breaking Point – What’s the Answer?

This piece is by Celine Thierry, Senior Director, Product Management, Duck Creek For years, fragmented reinsurance operations were accepted as an unavoidable reality for multinational insurers. Regional teams worked across different systems, currencies and reporting […]

InsureTech

Insurwave Teams Up With Portage AI

The latest partnership news from Insurwave; Insurwave Limited and Portage AI Inc have announced a strategic agreement under which Portage AI have acquired Insurwave’s AI submission ingestion capability, including the associated technology assets and expert […]