The number of cyber-attacks against financial services companies reported to the Financial Conduct Authority (FCA) has risen by more than 80 per cent in the last year. In 2017, 69 material cyber incidents were reported […]
Is Artificial Intelligence really going to rule the world? Maybe, but not yet, if this new service from AXA proves to be an indicator of our industry’s future. Chatbots and AI can help sift many […]
Data is everywhere today and Artificial Intelligence is changing the way that data is being used to calculate risk, detect fraud and speed up the claims process. Here’s some insight into how valuable data is […]
There is more data than ever before from road collisions. From on-board dashcams, telematics, or more detailed Police reports acked up with digital photos, the capacity is there to identify exactly when, and often why, […]
Traditionally favoured by younger drivers, blackbox (or telematics) insurance is now becoming increasingly popular across all demographics, especially with the over 40s. New customer research from blackbox insurance leaders, Coverbox, shows how much the demographic […]
Sir Tim Berners-Lee has urged insurers to avoid the temptation of using increasing amounts of publicly available data about consumers on the web to price their products.
The inventor of the World Wide Web made a plea to the industry at the British Insurance Brokers’s Association conference in Manchester yesterday, requesting that information we share about ourselves on line – particularly by young people through social networks – should not be gathered for the purposes of pricing risk. […]
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