In an industry facing multiple disruptive forces including technological, regulatory and competitive pressures rethinking finance as a strategic function can help insurers reduce costs, report faster and extract more value commercialization of their data.
In this crossover interview, Paolo Rubano, Finance Transformation Director at Generali, shares his perspective on the evolution of the insurance industry and how the finance function is responding to it. He explains in particular the role of Finance in this journey to allow a greater impact.
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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.
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Celent
Chinese consumers are increasingly spoiled by innovations driven by AI, which are becoming smarter and driven by data. This is happening across different industries, so insurers servicing them are working hard to meet these heightened expectations. Celent Analyst Zao Wu explores how and why the insurer Taikang is building an AI platform and what they hope to gain.
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In this webinar 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 focusing on Bermuda.
They will unpack the vibrant outsourcing going on at Bermudian re/insurers, explain what asset managers need to win business, examine the key trends in delegations by insurers there, and look at how managers can expect to be paid by CIOs of underwriters for their work.
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