Juggling Act – Part 1: Transforming the claims space

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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.  Fundamentally, paying claims is what insurers do; indeed, it constitutes the lion’s share of their outgoings. For P&C insurers, for instance, that typically amounts to 60-80 percent of costs. The simplicity… […]

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Smart insurers are transforming themselves in the cloud

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Some insurers view cloud computing in the same way that tourists see packaged holidays – an opportunity to hand over responsibility and contain costs. There’s no doubt that cloud services can simplify IT operations and curb operating costs, but cloud computing offers insurers far more than cost and efficiency levers. It has the power to… […]

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