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.
A new business model for a new era of insurance: Digital Insurance 2.0 in the platform and API economy
Foundational and fundamental elements of the insurance business are changing and will require major adjustments in order to survive and thrive. This whitepaper studies the factors driving the new era of insurance and the impact of a shift in fundamental insurance business models.
Like many organisations, insurers are getting a raw deal when it comes to B2B payments. This whitepaper looks at why inefficient B2B payment processes are holding back insurers from achieving profitability and why it’s time for the industry to turn a cost centre into a revenue stream.
In this fourth article, of our series of five we now turn our attention from the discussions of the challenges with digital transformation, the need for robust data management systems and the reason for greater awareness and control of data, to more practical use cases for data in insurance.
How an insurance industry platform helps insurers meet business and IT imperatives in a time of rapid change
The insurance industry finds itself in a time of accelerating technology-driven change. This blog highlights the consistent imperatives facing insurers and why insurers need to employ a platform that unifies three elements: software, services, and a partner ecosystem to power their businesses.
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.
Find out the key data on your customers' attitudes towards cyber security to help identify a transparent and effective strategy to retain confidence and trust in your brand.
In part three of our blog series, we are going to dig more into the struggles insurance companies face when it comes to traditional relational database technology and how to tackle these head on.
This two page report highlights how effective cyber security is not only essential to insurance companies’ ability to innovate through technology, it’s now an important element of customer engagement.
It is in the insurance industry’s best interest to capture all the data in every quote, transaction and claim that has to be processed. However, integrating data from separate silos can be problematic. This blog post highlights how the industry can build a bridge for its legacy data silos.