Insurers impose new restrictions to stem COVID-19 payouts
Industry fears that effects of the pandemic may reverberate for decades Source link […]
Tag: insurers
Insurers that innovate gain underlying competitive advantage
Global rating agency explains why it decided to assess innovation Source link […]
Insurers warned: Pay up or face enforcement
Watchdog issues clear warning after landmark BI ruling Source link […]
Top US auto insurers revealed
Consumers have spoken as report reveals where the likes of State Farm, GEICO and Progressive rank Source link […]
Insurers rethink client and broker strategies heading into 2021
Pandemic challenges recommitments and a stronger focus on serving clients Source link […]
Juggling Act – Part 4: Modernising core platforms for life insurers
In this series of blogs, my colleagues and I will look at the insurance sector in Growth Markets, with a particular focus on technology, digitisation, platforms and ecosystems. Life and P&C insurers share similar drivers in their need to modernise core systems. After all, they face many of the same challenges, including digitalisation, the rise… […]
Ransomware the ‘most prominent issue’ for cyber insurers
If you solve this problem, “you solve cyber risk” Source link […]
Partnership helps insurers adapt faster
The global economic recession that has followed the COVID-19 pandemic is set to challenge and disrupt the insurance industry for the foreseeable future. We can’t continue to work as we have in the past. We have to embrace new technologies and ways of doing things, applying our learnings from past recessions. However, the patterns we… […]
Big insurers leverage procurement for sustainability gains
Revamping procurement policies and procedures enables carriers to quickly strengthen their support for environmental and social sustainability. Insurers can expect their commitments to sustainability to come under increasing scrutiny through 2021. They can take big strides forward by carefully managing their procurement of goods and services—like major carriers Zurich Insurance, Allianz, and Swiss Re who… […]
Auto insurers accused of failing to respond adequately and profiting during pandemic
Not all insurers gave back as much as they could have Source link […]