This report covers some of the key challenges facing the insurance industry today and how AI, specifically automated machine learning, can make a critical impact on underwriting, pricing, loss control and claims.
An insurer can only act on their most valuable asset - data - if it is stored, organised and managed properly. This blog provides some top tips about transitioning to a more robust data management system and the benefits insurers can expect from cloud-based data modelling platforms.
Verisk and OnePoll surveyed UK pet insurance customers to learn more about the market, what customers look for in policies, and what their attitudes are around coverage options for pets with pre-existing conditions. This report sheds light on the changing expectations of UK pet insurance customers.
This whitepaper explores how insurers can harness advanced analytics to support their most vulnerable customers, rebuild trust in the industry and nurture the green shoots of recovery and growth.
To date it has been a challenge for motor insurers and drivers to identify exactly what ADAS features a specific vehicle is equipped with. This blog highlights how vehicle data can help insurance providers to enlighten the customer and positively impact driver safety whilst also improving pricing.
Cyber-crime is proliferating, and cyber insurance is now an integral component of many companies’ risk management programmes. However, insuring against cyber risk presents multiple challenges for underwriters. Max Broodryk, AXA XL’s Product Leader-Cyber Risk, APAC, provides more details.
This whitepaper focuses on the impact of Covid-19 on motor insurance premiums and the steps motor insurers can take to acquire and retain the right customers in a post Covid-19 world.
Limited touchpoints are making it difficult for insurers to build bonds with their customers. Based on input from industry leaders and 1,000 consumers, this whitepaper focuses on how insurers can improve the customer experience and the importance of providing a slick call centre experience.
Financial inclusion, including affordability, is a core priority of regulators and businesses. This content highlights the repercussions of motor insurance policyholders opting for increased excesses and how insurers can check whether consumers can afford to pay for products and services.
In a highly competitive insurance market, the ability to make better informed pricing decisions is critical for insurers. This article focuses on how private credit data can be used to enrich insurance quotes.