With the International Financial Reporting Standard (IFRS 17), due to come into effect in 2022, insurers are facing the most significant change to insurance accounting requirements in over 20 years. This article highlights how data can help insurers with IFRS 17 regulatory compliance reporting.
Digital trends are dissolving the traditional boundaries and the long-held competitive advantages of insurance companies. Produced by EXL, this whitepaper focuses on five levels of disruption that will affect the insurance market and force insurance carriers to redesign their business models.
In the insurance industry, user experience is paramount, yet this experience needs to be weighed against the realities of rising fraud. This industry brief highlights how insurers can meet the demands of catching fraudsters, authenticating good customers, and providing outstanding user experiences.
Insurance leaders need to have a comprehensive vision for how the industry is being reshaped by emerging technology and trends. This report provides insights into why your company’s future depends on innovating your business model, processes, products and services, and how you can accomplish this.
EXL partnered with Harvard Business Review Analytics Services to survey 800 global executives about why digital transformations fails. This report looks at how organisations can design an effective digital transformation strategy, whilst skilfully embedding digital intelligence into operations.
The rise of digital applications for insurance policies has brought with it an increasing number of bad policies, with fraudsters turning to aggregators to solicit quotes and submit applications. This case study looks at how esure collaborated with iovation to combat omni-channel fraud.
In this guide, we will present you with a high-level plan and tools to successfully start executing data-driven transformation in just 45 days using an Insurance Data Hub (IDH).
Four years ago, Majesco’s research revealed a gap between insurers knowing and recognising changes in the industry, but not planning and responding rapidly enough. To find out where we are now, Majesco’s latest Strategic priorities survey results provide a strategic lens into the industry.
Insurers currently face an unprecedented array of challenges, but the significance of spreadsheet risk may be less apparent. This guide for insurers introduces the concept of spreadsheet risk, the issues it presents to businesses and the steps you can take to mitigate this risk.
This case study focuses on how GoCompare.com implemented iovation’s device recognition technology at point-of-quote to identify high-risk traffic, flag third party fraud, block misuse of its website, and increase partners’ confidence in the customers passed to them.