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.
This is Insurance Europe's annual Key Facts publication, which includes data on the European insurance industry for 2018. Topics covered: European insurance in the world; European premiums, claims and benefits paid; insurers’ investment portfolio; companies and employees; distribution channels.
A 2017 study by the UK’s Information Commissioner’s Office found that only 20% of the UK public had trust and confidence in the companies storing their personal information. This article highlights the latest developments surrounding data privacy and some key considerations for cyber underwriters.
Designed for brokers, this short article explores the common themes and pitfalls of the General Data Protection Regulation (GDPR) implementation and highlights some key areas that require continual attention.
With GDPR now in full effect, business must lay out a clear plan to progress from their current privacy level to the desired compliance level, a task requiring immediate attention. This guide focuses on the next steps businesses can take to ensure compliance and good data practices in the long run.
The Data Security or Data Protection Officer is an increasingly vital role within the insurance sector, especially following the implementation of GDPR. This short guide highlights how Optal’s Virtual Account Numbers (VANs) can be used by insurers to mitigate the risks of a data breach occurring.
With accountability as the new principle, GDPR requires that organisations not only comply in a sustainable manner but also demonstrate compliance on an ongoing basis. EXL's infographic highlights the steps you can take to achieve and demonstrate compliance both today and in the future.
What will Brexit mean for the UK’s insurance sector? This report provides a snapshot of opinions from within the UK insurance industry as the UK undertakes the somewhat tortuous road towards Brexit. Topics covered: key recommendations; Brexit outcomes; impact on UK insurers; future considerations.
This infographic provides an overview of insurance consumers’ main rights under the General Data Protection Regulation (GDPR), which applied from 25 May 2018.
As we enter the second half of 2018, Neil Clutterbuck, Allianz chief underwriting officer, takes stock of some key industry topics and considers how these may develop. Topics covered: the Civil Liability Bill; Hackitt report; terrorism; broker market consolidation; ABI pricing principles and Brexit.