Insurers are being called upon to embrace digital transformation in order to revolutionise claims handling and become customer-centric. This article highlights the benefits associated with automating the claims process and how insurers can overcome legacy system shackles to achieve transformation.
It has been 15 years since the Environmental Liability Directive came into force, yet many companies remain unware of the potential liabilities they face. This article highlights the limitations of general liability policies and the advantages of taking out specialist environmental liability cover.
Relevant to businesses processing payments in the European Economic Area, PSD2 presents the challenge of balancing the Strong Customer Authentication requirements with a seamless buyer’s journey. This whitepaper focuses on how businesses can strike a balance between security and customer experience.
Aite Group’s second Payment Services Directive (PSD2) Research Report, commissioned by iovation, a TransUnion Company, provides an in-depth analysis of how those in the payment services and e-commerce market should prepare to handle the new strong customer authentication requirements under PSD2.
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.