A new generation of AI-enabled, visual remote inspection tools are enabling homeowners, commercial property owners and others to do their own contactless property inspection using a mobile app and the camera on their smartphone. This blog highlights the benefits for property insurers.
This blog highlights how the challenges created by the FCA ruling on fairness in pricing should lead many general insurers to accelerate how they innovate with new products and services that offer greater value to all their customers.
This report dispels some of the myths associated with cyber risk data, why the under-extraction of insights from actuarial data generated around cyber incidents is the real problem and how insurers can progress towards now-gen cyber underwriting in order to build a more robust cyber risk playbook.
In today’s world, insurers can only survive if they empower their customers. This content highlights how insurers can help customers better understand whether their level of insurance coverage corresponds to their needs, and then leverage this information to help them become better protected.
The FCA’s final report on its market study into general insurance pricing practices proposes several reforms to ensure fair value for customers. In this webinar, an expert panel discuss what the future holds for insurance pricing and how insurers can adapt by adopting different pricing techniques.
The UK pet insurance market has almost doubled over the past 12 months, with 7.7 million pets insured in 2021 compared with 4.3 million pets insured in 2020. This infographic provides a snapshot of the UK pet insurance market in 2021 and highlights key market trends.
M&A activity, providing fair value to customers, pricing transparency and high levels of switching have made customer data management a key challenge for insurers. This blog highlights how ID matching can help insurers build more transparent pricing and a better customer journey.
Based on research conducted by Insurance Post and LexisNexis Risk Solutions, this spotlight looks at the forces shaping the motor insurance landscape. Topics covered include the changing behaviours of motor policyholders, the FCA policy statement and the future of motor insurance pricing practices.
This blog looks at some of the new requirements from the FCA for pricing practices and fair value provision, and how intelligent automation can help with the implementation of operational changes and ongoing compliance.
Pre-crisis data won’t be sufficient for evaluating your SME clients. Produced by CRIF Decision Solutions, this content focuses on how insurers and brokers can leverage the latest risk evaluation intelligence to gauge SME risks quickly and price cover in a more uncertain post-Covid environment.