abi.org.uk
The Financial Conduct Authority’s proposed introduction of a new Consumer Duty has the potential to shift the balance further in the direction of consumers’ rights, setting new standards for insurers, intermediaries and for the wider financial services industry that will go further than the existing mantra of treating customers fairly. Firms will have to put themselves in their customers’ shoes, with an emphasis on outcomes, in what could amount to a legally enforceable duty of care.
Watch Now
Thought leaders discuss the requirements digital acceleration is placing on Loss Control, The technologies enabling a Next-Gen Approach, and the competitive advantage that can be gained by leveraging the growing Loss Control digital ecosystem.
Watch Now
engage.vevent
Are there ways you could be saving dollars on your healthcare? Let s follow the money to learn what you are paying for and how your medical insurance costs may work. We know you re juggling a lot of financial priorities, so taking some time to understand where your money goes can have a potential payoff.Join us live, or register to get a copy of the replay when its available.
Watch Now
Majesco
In Digital Insurance 2.0, data is a source of competitive advantage for identifying unserved or underserved markets, identifying profitable niches, reducing or eliminating risk, driving channel optimization, enhancing service and improving customer experiences. Combining data from traditional internal and new external sources can improve the richness of information used to make a wide array of business decisions that are increasing the gap between Insurance 1.0 and Digital Insurance 2.0 at an accelerated rate. To realize the benefits of becoming truly data-driven at the company level, insurers must have a broad enterprise data strategy underpinned by a robust enterprise data warehouse and model to capture internal and new, external data sources across multiple systems so that advanced and emerging analytics can be used effectively.
Watch Now