Insurers prioritise automation in claims processing to manage rising costs
A recent poll conducted by RDT among technology teams at insurance firms and Managing General Agents (MGAs) reveals a strong...
Read MorePRA finalises Solvency II rules, boosting investment for UK insurers
The Prudential Regulation Authority (PRA) has recently released the final guidance on the 'Solvency II: matching adjustment', marking a significant...
Read MoreRising travel insurance costs pose challenges for UK insurers
Simon Hoskin, director of travel/A&H, Gallagher Bassett. Travel insurance costs in the UK have been steadily rising, presenting challenges...
Read MoreP&C insurers face underwriting challenges amidst rising customer demands
The Capgemini Research Institute’s World Property and Casualty Insurance Report 2024 reveals the underwriting capabilities of insurers are being restricted. According...
Read MoreHow can auto insurers become successful by leveraging data and AI?
Simon Axon, EMEA financial services industry consulting director at Teradata. Historically, insurers have struggled to draw a profit from auto...
Read MoreMedical reporting data challenges insurers’ claims on mixed injuries
Insurers have exaggerated the number of multiple-injury claims being made in the Official Injury Claim (OIC) portal, according to new...
Read MoreInsurers should embrace pre-claims tools, and here’s why
In a world where emerging technologies are reshaping the insurance industry, building and maintaining the necessary IT infrastructure to support...
Read MoreHometrack urges insurers to consider future flood risk
Hometrack, a UK-based provider of property data, recently conducted an analysis that raised concerns about the potential overvaluation of properties....
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