Data analytics
In Series: Data: A smarter approach to flood risk
How can the industry use increasingly sophisticated data to assess flood risk more accurately?
Spotlight On – Fraud: Building on the foundations
The insurance industry’s approach to fraud has progressed enormously over the past 20 years but there is still more to be done.
Insurer risk management increasingly reliant on data
Insurers’ risk management practices are becoming increasingly reliant on data and analytics, according to a new report from State Street.
Vehicle Technology: End of the driver?
At the Consumer Electronics Show in Las Vegas, nine motor manufacturers exhibited autonomous car prototypes. What does this technological leap mean for the future of motor insurance?
Axa targets home, motor and commercial vehicle for data enhancement
Axa is collaborating with Lexis Nexis to bring more data and analytics to its home, motor and commercial vehicle books.
Insurance and the 'Internet of Everything'
In October, research organisation Gartner declared the start of the ‘Digital Industrial Economy'.
Big data tipped to drive competitive differentiation
Over 90% of senior insurance executives believe big data will drive competitive differentiation in future.
Blog: The importance of data analysis
Data has always played a significant role in all key stages of the insurance customer lifecycle. But, increasingly, the onus is on insurers to take all the necessary steps to understand their customers, validate the information provided and assess the…
Comment: My Licence will benefit all parties
Project aims to reduce costs for insurers, speed up underwriting and ultimately bring down motor premiums.
Europe: Ready for the digital challenge?
It is difficult to overstate the impact of the digital revolution. To take one metric, the number of global mobile phone subscriptions is now 6.8 billion, according to UN agency The International Telecoms Union. It predicts that this figure will…
Blog: What's holding telematics take-up back?
The rise of telematics in the insurance industry is, relatively speaking, a recent phenomenon.
C-Suite: Use data to defeat cyber crime
A recently published survey found the insurance industry was, at best, responding to less than 20% of the risks businesses face.
C-Suite: All brokers can benefit from MGAs
How hip can managing general agents be? In UK commercial broking, MGAs have become a must-have accessory, with most of the big brokers bolting on MGAs to their distribution portfolios.
Opportunistic Fraud: Zero tolerance
With opportunistic fraud attracting little public attention compared with large-scale organised fraud, the insurance sector is battling to change attitudes to such crime and develop methods to catch its perpetrators.
Telematics: Long road ahead
Long hailed as the next big thing in motor insurance, telematics is still yet to really take off in the UK – so what’s holding it back?
The importance of data and analytics in insurance
Over 100 insurance professionals gathered in Hong Kong last week to discuss how to use data and analytics in their day to day businesses.
Interview: Ben Fletcher: Taking the fight to fraudsters
Not satisfied with solely battling organised motor fraud, Insurance Fraud Bureau director Ben Fletcher tells Post how, through better industry collaboration, the IFB could extend its remit to other areas.
How big data is changing the world
Insurers welcome the availability of more information on their insureds, but the handling of so much data presents many challenges. Sam Barrett investigates.
Europe: Tapping new risk
Is there a potentially untapped market on the continent for non-standard customers? Katie Marriner investigates.
CDL launches big data analytics solution
Insurance software company CDL has released a management information solution to enable insurers’ retailers to apply big data analytics to their operations.
Telematics: Ask the experts
Insurers should be wary of rushing into the telematics market alone – pricing, legacy technology and cost mean collaborating may be a wiser strategy.
View from the Top: Crazier than spaghetti junction
After all the protracted pandemonium for motor insurers, discipline is now needed, says Colin Batabyal, personal lines director, Covéa Insurance
Data 2013: Embrace mobile but don't rely on social media insurers told
Consumers may be posting increasing amounts of personal information on social media but many view the idea of companies exploiting it as intrusive, insurers were warned yesterday.