All aspects of the insurance industry are being disrupted, requiring new digital strategies and IT architectures. This playbook outlines how insurance companies must evolve their delivery architectures to meet the demands of their users, reduce risk and meet regulatory compliance.
In this paper, we explore the role insurance has to play in financial inclusion, the importance of affordability checks to inform decisions and the new guidance provided by the FCA in regard to assessing creditworthiness in insurance.
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.
The road to reform on the personal injury discount rate has been long and winding but Deborah Newberry, head of corporate and public affairs at global law firm Kennedys, suggests with the strict timetable in the law there is a light at the end of this tunnel.
Increasing regulation is placing pressure on insurance organisations to change the way they do business. This short article highlights why there needs to be a cultural shift in the way the industry views regulatory reporting and why data should be at the forefront of this important change.
In this video, Corporate Account Manager, George Bladon, talks about ARAG's Motor Legal Solutions product and how it has already been updated in the light of the Civil Liability Act, that will come into force next year, and have serious implications for injured motorists.
The world of insurance claims is constantly evolving, against a backdrop of changing legislation, emerging technologies and social trends. Designed for brokers, this BIBA guide takes an in-depth look at the issue of claims inflation, including the latest claims trends and regulatory developments.
A fair bit of landlord and tenant law has been introduced since our Autumn edition of the RAG. This short article briefly highlights some of the latest developments impacting tenant protection which are relevant to brokers and their clients.
At the end of March, ARAG was proud to join like-minded businesses and other organisations that share a common goal in preserving access to justice in the UK as a founder member of ACSO, the Association of Consumer Support Organisations. Underwriting & Marketing Director David Haynes explains why.
It is no secret that austerity has had a significant impact on most people’s ability to get justice. This short article highlights how drivers are the latest group to be hit by legislation and how the Civil Liability Bill will impact all motorists.