Insurance Systems Insights

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Data bias shrouds personalisation in insurance

19th August 2020

Company: bobsguide
The insurance industry continues to face a crisis of trust while attempting to make advances in customer personalisation, according to market participants. “We’ve got a lot of challenges ahead of us in insurance because of personalisation,” said Sam White, chief executive of Pukka Insure during an online MoneyNext Summit... read more
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Insurers respond to FCA criticism in High Court case

23rd July 2020

Company: bobsguide
Lawyers representing UK insurers began their oral submissions today as the Financial Conduct Authority’s (FCA’s) High Court test case continued. Representing the insurers, Gavin Kealey QC said the case was “not a question of the insurers escaping liability; it is simply that that which is the peril which is insured against has... read more
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Atradius warns of rise in fraud

16th July 2020

Company: bobsguide
Simon Rockett, head of UK risk underwriting at the company, told bobsguide that opportunistic fraudsters have capitalised on how the pandemic has affected businesses, exploiting the vulnerabilities that have arisen as a consequence of the unprecedented situation: “Many businesses have been closed for quite a while now and others have had... read more
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Managing and reducing risk across P2P during crisis

8th June 2020

By David Griffiths, CEO, FISCAL Technologies As the economic impact of the pandemic deepens across the globe, the ability of organisations to procure products and services in a timely, yet safe manner has never been more important. As the pandemic spread across the world, a number of factors impacted global supply and demand, and sadly,... read more
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Where are you going to go when your cloud goes down?

5th June 2020

Company: bobsguide
By Andrew Fitzgerald, sales director for Western Europe and Sub-Saharan Africa, Cohesity A short history of modern business IT might report that the Noughties were all about taking baby steps in cloud applications such as Salesforce, Google Apps, Taleo, Ariba and NetSuite. The 2010s saw clouds proliferate as pioneers took a... read more
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CFOs are driving the digital conversation in legal

28th May 2020

Company: bobsguide
C-suite executives and boards have already centred entire corporate strategies around Digital Transformation. With one of the most advanced legal environments in the world in terms of the relationship between law and business, Digital has naturally remained a top priority for UK businesses. Given the economic value these initiatives can bring to a... read more
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Customer identity and access management for banks

28th April 2020

The financial services sector is a pioneer of digitalisation. With online banking constantly evolving, the industry and its disruptors continue to spearhead customer experience (CX) innovation and shake up the status quo. As digital offerings from FS organisations become increasingly sophisticated, however, user demands have risen rapidly.... read more
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Security and convenience: a perfect relationship?

30th March 2020

Company: Comarch Finance
In 2016, the global fraud detection market was valued by Allied Marked Research at $13.6bn. Fast forward to today: according to Fortune Business Insight, the global market for anti-fraud solutions will grow from $19.3bn in 2018 to $110bn in 2026. The growth is exponential, and the banking, financial services, insurance and manufacturing sectors... read more
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Optimising IT talent: let go of non-core projects & see engagement soar

6th March 2020

Reports that 80 percent of capital markets participants said they would rather buy in a trading data integration solution, rather than build one in house, reflect the way banking IT is going, and this is a good thing. The findings, from a qualitative study undertaken by Inforalgo, are discussed in detail in the white paper, Buy vs build: The... read more
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People moves: CSI, Investview, Crealogix and more

2nd January 2020

CSI appoints new CFO US-based computer services firm CSI announced on December 13 that Brian Brown has been appointed as the company’s chief financial officer, with immediate effect. “I am pleased to announce that Brian Brown has been named CSI’s new Chief Financial Officer,” says Steven Powless, chairman and... read more