5 Things an insurer shouldn’t miss at IBM Think 2018

IBM STAFF | January 31, 2018

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The outlook for the insurance industry in 2018 is what many of us know already. The disruptive influence of FinTech has expanded beyond the world of finance and has entered the insurance landscape. The marriage of insurance, technology and data & analytics, or InsurTech, has created a boon for technology companies’ insurance products and services. There are emerging technologies, innovations, and trends arising in insurance at pace that makes it difficult to stay current, let alone be versed in them.

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Beazley

Beazley plc is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America, Asia and Australia. Beazley manages six Lloyd’s syndicates and, in 2017, underwrote gross premiums worldwide of $2,343.8 million. All Lloyd’s syndicates are rated A by A.M. Best.

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The role of AI in enhancing claims experience for Insurance customers

Article | February 12, 2020

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Will COVID-19 Disrupt Insurtech?

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Article | February 12, 2020

For almost as long as businesses have been subject to risk, some form of insurance has existed to mitigate their exposure. The first recorded commercial insurance policies date back to Babylonian times, and in the thousands of years since, the types of business cover available have multiplied exponentially, driven by the uptake of technology. It’s now over 20 years since the first cybersecurity policy was written. At the time, this was considered groundbreaking – although by modern standards, its scope was limited. These days, cyber insurance providers cast a far wider net. By 2025, it’s expected the global market size will grow to over $23 billion. Some policies cover the costs arising from first-party data breaches, while others cover liability for damages, providing assurance for companies who collect and store sensitive customer information.

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Top Features of an Effective Claims Management System

Article | February 12, 2020

Claims are a critical part of the insurance business. Even if your insurance company is not as big as Axa or Allianz, you need to have an efficient claims management system. Clients’ mindset and expectations are different from what they were 10 years ago. A recent survey called Insurance 2020: The digital prize — taking customer connections to a new level has brought to light some fascinating facts.

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Spotlight

Beazley

Beazley plc is the parent company of specialist insurance businesses with operations in Europe, the US, Canada, Latin America, Asia and Australia. Beazley manages six Lloyd’s syndicates and, in 2017, underwrote gross premiums worldwide of $2,343.8 million. All Lloyd’s syndicates are rated A by A.M. Best.

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