The FCA is seeking views on the potential competition benefits and harms from Big Tech firms’ entry into a range of retail financial services sectors. Big Tech firms’ presence in UK financial services markets has […]
BIG Insurance Ltd, trading as Bournemouth Insurance Group (BIG), has been acquired by GRP’s southern hub Alan & Thomas Insurance Group (A&T). Bournemouth-based BIG will remain in their Winton office, and all the team including […]
The UK government is keen to encourage more investment in the UK from pensions funds, many of which are managed by insurance companies. It is wise to invest in UK based companies, espcially those in […]
Willis Towers Watson has launched an updated version of its DataValidator technology, which helps P&C and Life insurers to use their data more efficiently by validating, cleansing and transforming data for use in financial modelling and reporting […]
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 […]
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). […]
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. […]
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 […]
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