Core Insurance, Risk Management

Insurance fraud from A to Z

September 26, 2022

Insurance fraud from A to Z
CRIF has been supporting the UK insurance market for over 25 years and has built up solid know-how in fraud patterns, use cases and fraud prevention.

This A to Z insurance fraud guide aims to bring together all our research and experience in the field of insurance fraud, all in one place.

Spotlight

Kinsale Insurance

Kinsale is an Excess & Surplus lines insurance company specializing in Property/Casualty, Allied Health/Health Care and Professional Lines business through twelve Underwriting Divisions. We target small to medium sized, high hazard accounts. Given the experience of our staff and our control over the underwriting and claims processes, we have a level of underwriting flexibility that many of our competitors are unable to match. Kinsale will consider offering terms on a wide range of risks including accounts with new or high hazard operations and businesses that have a poor loss history or that are located in high risk venues. The company distributes its product nationwide through specifically authorized surplus lines brokers.

OTHER WHITEPAPERS
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The role of wearables in private medical insurance

whitePaper | March 9, 2020

Ever since the rollout of electronic devices capable of measuring and recording various types of health data, private medical insurers have been carefully eyeing the potential usage of these devices. This paper discusses the implementation and practical uses of wearable technology in the private medical insurance market.

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Unlocking the Power of Pay-as-you-go for Workers’ Comp

whitePaper | April 1, 2023

In a study conducted by KPMG, 96% of insurance CEOs reported the pandemic accelerated digitization initiatives. COVID-19 forced businesses of all shapes and sizes (along with consumers) to embrace digitization.

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Insurance claims research: The path to digitisation

whitePaper | October 25, 2022

A recent survey conducted by Post, in association with SS&C Blue Prism, explored the ways in which digital claims are being approached by the industry. Despite digitisation taking off in recent years, many claimants today are still using emails and telephone to contact their insurer at the initial point of a claim. Many claims specialists believe that customers are dropping out of a fully digital claims journey due to claims being too complicated or customers being less tech-savvy. So, how can insurers ensure digital claims journeys are streamlined and easy-to-use for the consumer?

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Accelerating change in insurance distribution through technology

whitePaper | March 14, 2022

If you want to see the influence that insurtechs are having on how insurance will be sold in the future, look no further than Lloyd’s of London, which has been about as technologically behind as an institution can be. Brit Ltd. announced in May 2020 that, in collaboration with Google, it has created Ki, a new syndicate that will be part of Lloyd’s, that “will aim to significantly reduce the amount of time and effort taken for [commercial] brokers to place their [excess] capacity, creating greater efficiency, responsiveness, and competitiveness.” The Ki platform, which will launch in 2021, will be cloud-based, able to be accessed by brokers directly, and involve algorithms able to evaluate Lloyd’s policies.

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Data-driven insurance: A path to strategic advantage

whitePaper | June 20, 2023

Data-driven insurance is an enterprise-wide business model that generates a strategic advantage in the insurance ecosystem. Using disruptive artificial intelligence (AI) to analyze data can lead to innovation in operational processes and in the development of new products and services.

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Moving to the cloud is reshaping the insurance industry

whitePaper | October 25, 2022

With many employees working from home and digital business on the rise, insurers need a solution for managing, data, core systems and organisational needs. This whitepaper discusses the benefits of cloud computing for insurance companies.

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Spotlight

Kinsale Insurance

Kinsale is an Excess & Surplus lines insurance company specializing in Property/Casualty, Allied Health/Health Care and Professional Lines business through twelve Underwriting Divisions. We target small to medium sized, high hazard accounts. Given the experience of our staff and our control over the underwriting and claims processes, we have a level of underwriting flexibility that many of our competitors are unable to match. Kinsale will consider offering terms on a wide range of risks including accounts with new or high hazard operations and businesses that have a poor loss history or that are located in high risk venues. The company distributes its product nationwide through specifically authorized surplus lines brokers.

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