Cyber is an expanding net-new growth area with opportunity to deliver a compelling insurance offering especially in the mid-market. Yet, the path to becoming a market-leading and profitable […]
Navigating the next era of growth in insurance brokerage | Insurance Blog
The brokerage market has enjoyed a period of sustained revenue growth, profitability, and shareholder value, driven by favorable macroeconomic conditions. M&A activity has flourished due to easy access […]
What does market-leading cyber claims management look like? | Insurance Blog
Recently, many leading insurers have applied transformative solutions to enhance their cyber products. With the cyber insurance market projected to double to $29B by 2027, we explore what constitutes […]
Beyond premiums: What really drives customer loyalty? | Insurance Blog
Personal lines insurance is very price-sensitive. As discussed previously, maintaining a 20+% expense ratio is not feasible for insurers. Beyond pricing, what truly fosters customer loyalty, and how […]
5 areas of algorithmic underwriting advantage | Insurance Blog
Use of algorithmic underwriting is increasing across the insurance industry. With enhanced decision-making and improved risk assessments, an algorithmic approach to underwriting can optimize operations for insurers and […]
4 strategic ways to achieve a 12 – 15% expense ratio | Insurance Blog
Navigating the competitive P&C personal lines market The global P&C personal lines market, which historically saw premium growth at 3%, has risen sharply to more than 15% in […]
Insurance News: London Calling | Insurance Blog
The UK is the historical birthplace of the modern insurance industry and where the London Market emerged as a hub for global risk. How are industry dynamics and […]
Driving claims insights for insurance carriers | Insurance Blog
Strategic claims segmentation diverges from the traditional ways of managing claims, promoting a more detailed, data-driven approach. Traditional segmentation only considers the monetary value and data points such […]
Insurance News: Generative AI experience, efficiency and risk | Insurance Blog
Every day we see headlines about generative AI. For the insurance industry, this technology offers acceleration in many areas in which AI-led transformation is already underway. But, like […]
Insurance News: Driving telematics beyond the pricing lane | Insurance Blog
Inflation and cost-of-living headlines are on the rise. Such discussions often include increases in car insurance rates and potential savings to be found in pay-as-you-drive policies, but data […]
3 life insurance underwriting predictions for 2023 | Insurance Blog
As the insurance industry continues to navigate the pace of change, complexity and uncertainty in our world, consumers continue to respond, expecting companies to be more responsive to […]
Why smart insurers are modernizing their mainframe now | Insurance Blog
In a market that calls on insurers to be agile and digitize at scale, an insurer’s mainframe can either catalyze or inhibit progress. While the mainframe was once […]