News

GlobalData Sees Inflation as Biggest Challenge in 2023

Latest insights from GlobalData; As we enter 2023, record-high inflation and the consequent cost-of-living crisis will be the greatest challenge faced by the insurance industry according to industry experts, says GlobalData. The leading data and […]

InsureTech

Telematics Is Getting Personal And That’s a Good Thing

As insurance telematics and usage-based insurance (UBI) programmes continue to grow, insurers have opportunities to tap into consumer behaviour and create personalised services. The old school Black Box was a crude way to monitor younger […]

Technology

The Race to Modernize Systems: New Report From Earnix

Insurers have prioritized modernization but are struggling to do it, according to Modernizing Insurance Operations, a study published by Earnix, a global provider of mission-critical composable and cloud-based intelligent solutions across pricing and product personalization for insurers […]

Motor Insurance

Earnix Whitepaper Highlights Impact of FCA Loyalty Discount

Leading insurers say having intelligent pricing capabilities is now essential to compete in the wake of FCA pricing reforms, a new white paper has revealed from Earnix – a global provider of real-time AI-driven rating, analytical underwriting, […]

InsureTech

ChAI Completes Seed Funding Round

Commodities AI Ltd (ChAI), the AI-driven commodity intelligence company, has completed a seed round to help expand its industry-leading services into new markets, providing real-time commodity price forecasts to new global audiences, including raw-material businesses […]

News

How Can We Price Risk in a Time of Claims Inflation?

In a time of rapid claims cost inflation, insurers need to be able to “turn on a sixpence” to implement pricing and underwriting changes extremely quickly. However, many insurers currently lack the operational agility to […]

InsureTech

CDL Helps Create Some Pukka Pricing Tech

Pukka Services, part of the Freedom Group, has become the latest MGA to go live with CDL’s cloud-hosted Proteus Insurer Hosted Pricing (IHP) hub solution, allowing it to take control of product distribution and accelerate […]