abi.org.uk
There are significant changes ahead for the UK data landscape, its legal framework, and its regulatory regime. The UK Government has launched its National Data Strategy and made proposals for a new direction for data while the FCA is investing more than £120m over three years to become a data-led regulator. The CMA, the ICO and Ofcom are working together in the Digital Regulatory Cooperation Forum on their approach to digital and online services to support regulatory coordination.
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Join Insurance Asset Risk and Insurance Risk Data for this webinar discussing IRD's upcoming research report: 'Insurance Investment Outsourcing Opportunities – EEA, UK, Switzerland, 2023'.
Philip Manley, Director, Insurance Risk Data, will be in conversation with David Walker, Chief Analyst, Insurance Risk Data, presenting key findings from this unique research resource.
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Insurers are facing increased litigation challenges from the growing phenomenon of social inflation. From changing judicial and jury attitudes to plaintiff reptilian trial tactics and nuclear verdicts, insurers are at risk for significantly higher claims costs, settlement amounts, and jury verdicts. From another angle, third-party litigation funding (TPLF) continues to grow and complicate claims handling.
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Insurance Innovator
The supercharged move to digital has made it clear that building a coherent AI strategy is critical for insurers to deliver next-level CX excellence and drive competitive advantage in a populated marketplace. From developing self-service options to orchestrating a seamless omnichannel experience, insurers must embrace the AI era or risk falling behind in the CX revolution.
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