Insurance Systems Insights


Learning about large scale disruption from incumbents

5th December 2017

Company: SSP
Innovation is not the prerogative of start-ups – indeed many of today's incumbents were the start-ups of yesterday. With disruption being the focal point of the numerous digital initiatives that we are seeing across a number of industries, incumbents are taking steps to revolutionise our world. So what does it take to innovate with the... read more

How In-Memory Computing can help insurance companies thrive in the face of rapid change

29th November 2017

Company: GridGain Systems
Along with most industries that rely on technology, the insurance industry faces great challenges and opportunities. Technology-powered capabilities, such as online and mobile apps, smart contracts, Robotic Process Automation (RPA), and telematics, offer new ways to engage customers, streamline internal processes and improve risk assessment. At the... read more

Evolution not revolution: How better customer data is at the heart of insurtech

14th November 2017

Company: SSP
It's often said we are on the brink of a technological revolution, where every aspect of our lives will be changed beyond recognition by AI and other high-tech developments. All this talk about the big tomorrow makes it seem that someone will throw a giant switch whereby technology is not relevant one day, and then is the next. This is, of... read more

Why integrated commercial lines e-trading matters

30th October 2017

Company: SSP
Despite incremental growth in other channels, brokers still distributed 77.1% (£12.5bn) of commercial insurance in 2016, and are forecast to remain dominant in 2021, with 76.6% of the market according to GlobalData forecasts. The importance of commercial e-trading Insurers need to make it as easy as possible for brokers to do business... read more

Are AI and blockchain the future of trade credit?

19th October 2017

Company: bobsguide
bobsguide spoke to Jérôme Pezé, CEO of Tinubu Square, the SaaS trade credit firm. Jérôme talks us through the trade credit landscape How did Tinubu Square launch? I started my career in the Paribas Group in trade finance. I then moved to Arthur Andersen, the audit firm, where I worked as a CTA. After... read more

Throwing down the disruption gauntlet in insurtech

28th September 2017

Company: bobsguide
Alberto Chierici, CPO of SPIXII, a fintech specialising in chatbot technology, spoke to bobsguide about the insurtech landscape, its pioneering UX solution, and the company's plans for major insurance disruption in 2018.  How did you and SPIXII find its way into insurance? I am one of the three co-founders of SPIXII. I take care of... read more

How AI and automation are changing the insurance industry

20th September 2017

Company: Fujitsu
Average car insurance premiums have gone up by 11 percent in the past year, according to recent data from the Association of British Insurers (ABI). Insurance has always been a grudge purchase, but with prices soaring, consumers are questioning the value for money they’re getting with their policies. Fujitsu’s own New Pace of Change... read more

Editor’s picks: How Big Data and AI are changing banking

15th September 2017

Company: bobsguide
How business intelligence is revolutionising banking Ilan Hertz, Head of digital marketing at Sisense In the early 1990's, the increasing popularity of automated teller machines (ATM's) revolutionised banking, lowering the number of tellers required for each branch and allowing thousands of new branches to be opened as a result. ... read more

The insurtech trends making the greatest impact in 2017

11th September 2017

Company: bobsguide
A study of Google Trends will show you a huge spike in the mentions of ‘InsurTech’ since February 2016, and that’s because people and investors are beginning to take note of how state-of-the-art AI can enhance the insurance sphere and disrupt specific elements of the insurance value chain. Indeed, according to PwC’s... read more

How PCI compliance is the first step in achieving the “CIA Triad”

16th May 2017

Company: NTT Com Security
Marco Borza, CEO, Advantio When it comes to PCI DSS compliance, most organizations consider it as a one-off task, something to complete – often only after the Acquiring Banks ask to do so – and forget about once the compliance has been validated. The problem is that compliance audits only prove best-practice during a snapshot in... read more