News

Over 600 Insurers Now Making $1bn in GWP Says Insuramore

According to global rankings updated recently by Insuramore, and across life/annuity, health and P&C (non-life) business combined, 638 insurer (i.e. carrier / underwriter) groups worldwide were “insurer billionaires” in 2022 having achieved gross direct premiums […]

Opinion

Digital Transformation: Are Insurers Doing Enough To Keep Pace With the Rate of Change?

It’s not an understatement to say that the insurance industry has notoriously delayed adopting new technology, due to precaution, cost adversity and legacy systems. But today, insurers can no longer afford to take a wait-and-see […]

InsureTech

Digital Wallets Offer an On-Demand Insurance Opportunity

Does the digital wallet offer the greatest opportunity ever for insurance brands? It could do, because let’s assume that the digital ID attached verifies the individual and a whole stack of purchase history, address, email, […]

News

Future Thinking: Will Cargo Drones Offer Opportunities For New Cover?

Maybe cargo drones will replace cargo jets in the future? It’s possible and it might help insurers not only tick the ESG box for compliance purposes, (assuming some drones are recharged using solar/wind generated electricity) […]

News

Is Embedded Going To Become The Default Quote & Buy Moment?

Is embedded, point-of-sale insurance going to become the default insurance marketing strategy? Maybe, although IE thinks people will always want to search online for a cheaper deal, it’s human nature. Meanwhile Fit2You Broker, an Italy-based […]

Opinion

Smart Homes: An Academic Review of The Risk Implications

This article is by Joël Wagner, professor of Actuarial Science at HEC Lausanne, the business school of the University of Lausanne, Switzerland. Joël has led a research project that produced a systematic literature review of […]

News

Moody’s Sees Rising Claims Costs as Cars Go Battery Powered

The stampede towards electric cars, vans and trucks continues, despite the child slavery involved in mining cobalt and the vast water, CO2, oil consumption and product miles associated with lithium extraction and outsourced battery pack […]

InsureTech

ACORD Looks Ahead 20 Years; AI, API, IoT & More

ACORD, the global standards-setting body for the insurance industry, today unveiled the results of an industry-wide survey on the future of insurance. ACORD CEO Bill Pieroni presented the findings of Insurance 2040: Prospects and Predicaments for […]