We make customer-centric insurance a reality. Harnessing the power of AI to give you a complete picture of your customers, their lives and their businesses.
SAS analytics decodes customers, so you can treat them as people, not policy holders. It means you can give them the insurance they need. Before they need it.
Since 1976, SAS has been giving customers around the world THE POWER TO KNOW®.
As technology advances, the ability to analyse vast amounts of data is driving up the requirement within the insurance industry for well governed risk management models. This content highlights the implications for insurance providers and why a robust approach to model risk management is required.
As insurers innovate, those at the core of insurers’ pricing and underwriting strategies face a growing need to adapt. Post held a roundtable, in association with SAS, to examine what is driving innovation in pricing and what challenges those changes present.
Price comparison has changed the market dynamic, resulting in reduced coverage to achieve a cheaper offer at the expense of service levels and customer outcomes. This article looks at the changing dynamics of pricing, how incumbent insurers can survive in the future and regain trust from consumers.
Insurers are coming under increasing pressure to develop new ways of pricing. But, while data and technology hold the key, insurers face some significant challenges. This spotlight looks at the factors insurers need to address in order to achieve pricing improvements.
The dual pricing noose is slowly tightening around the insurance industry’s neck. Its laudable attempts to escape from the regulatory hangman seem increasingly futile as the pressure is mounting on the Financial Conduct Authority to take action. This article focuses on the implications for insurers.
IFRS 17 represents the most significant change in financial reporting for decades, but what does it mean for the insurance industry? This report sheds light on the insurance industry’s sentiment towards the IFRS 17 regulation and the steps organisations are taking to achieve compliance.
The connected insurer: Modernising insurance using analytics solutions built to harness the internet of things
This whitepaper explores how the internet of things (IoT) has the potential to radically disrupt the traditional insurance business model and modernise traditional processes, especially in how the sector assesses risks.
In this webinar, our expert panel discuss how insurers can reap the benefits of IoT by successfully integrating IoT into a digital transformation programme. Our panel discuss how the data accrued can be used to improve underwriting decisions and drive new product innovations.
Customer behaviour is changing and insurers must adapt to the new realities by building centralised customer decision hubs. This whitepaper highlights why the industry’s ability to move to real-time decision-making across all major processes holds the key to future success.
Coming into force in 2021, IFRS 17 will change how insurance liabilities are valued and profit is recognised, providing more transparent and consistent financial reporting across the insurance industry. This whitepaper sheds light on what insurers need to know about the new international standard.