Opinion

Ethical AI: Why the Insurance Industry Must Stop Racing Towards Automation

Lindsay Lucas, CEO at Software Solved has a look at automation within the insurance sector. Maybe we shouldn’t rush to apply AI at every stage of the process without considering the human touch? The insurance […]

ABI reaction to new Ogden rate
Insurance claims

Claims Portal: Latest MoJ Stats Make Interesting Reading

There are some interesting nuggets of data within the latest update from the Ministry of Justice, as the Claims Portal continues to sift various PI claims. The first thing that strikes you reading the report […]

InsureTech

New Report Predicts More Blockchain Settled Claims

A new report from Juniper Research has found that blockchain-based insurance will transform claims administration; saving $10 billion in costs globally by 2024, up from $1.1 billion in 2021. Insurance providers will increasingly leverage the benefits of […]

News

Hiscox Official Response to FCA Judgement, Plus Extra Comment

The word from Hiscox after last Friday’s judgement; UPDATED: Extra comment by Seth Rachlin, Global Insurance Industry Leader, at Capgemini, has just been added below the Hiscox info. UPDATED 19.01.2021 – Extra comment from Flaxmans […]