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Insurance news in the UK | Page 2
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No news found.
BCG to help Lloyd's of London develop InsurTech startup lab
Lloyd’s of London has commissioned professional services giant The Boston Consulting Group (BCG) and innovation specialist L Marks to help the leading insurance market set up the Lloyd’s Lab — a prop
09 May 2018
Synechron launches RegTech programme for clients in financial services
Following Accelerator programmes for Blockchain, InsurTech, and AI, international consulting and technology firm Synechron has now also made a foray into the RegTech realm.
26 April 2018
Mercer and Oliver Wyman helping UN with decarbonising financial services
The United Nations has hired consulting firms Mercer and Oliver Wyman to serve as expert advisors on a project examining climate-related risks and opportunities for financial institutions.
19 April 2018
Elixirr and Kaizen to aid financial institutions transaction reporting compliance
Last year, almost two thirds of transactions reported by financial institutions were incorrect, resulting in fines from the Financial Conduct Authority (FCA), while firms were unaware of these inaccu
29 March 2018
EY looks to grow Midlands financial services headcount threefold
Global professional services firm EY has announced plans to triple its financial services team in the Midlands by 2020.
14 March 2018
Insurance industry embracing social media but struggles with pace of change
While insurance companies are strongly committed to using social media channels for branding and customer service, they are leaving potential untapped, according to a new study.
02 March 2018
Aon acquires Henderson Insurance Broking Group
Aon has acquired Leeds-based Henderson Insurance Broking Group for an undisclosed sum.
21 December 2017
Insurance industry M&A sees decline in volume counterbalanced by mega-deals
M&A activity in the insurance industry has slowed, although large deals aimed at consolidation have sprung up, boosting relative value.
18 December 2017
Synechron launches Accelerator Program for InsurTech solutions
Months after launching accelerator programmes for Blockchain and Artificial Intelligence, Synechron has rolled out a similar programme for InsurTech solutions.
22 November 2017
The top five impacts of GDPR on the financial services industry
Nathan Snyder, a partner at consulting firm Brickendon, reflects on the top five impacts of GDPR on the financial services industry.
21 November 2017
Insurance companies leverage opportunities offered by disruption
Insurance companies are increasingly faced with internal and external disruptions, largely due to new technologies and business models arising.
02 November 2017
Insurance industry has much more on its plate than just Brexit
From changing business models and cyber risk to change management, insurers need to look beyond Brexit to the wider challenges facing the industry, as traditional strategies are coming under increasi
31 October 2017
Regulation should not crush innovation in financial services sector
The financial services sector should beware that regulation will not crush innovation, warns Tony Clark, managing director of Synechron in London.
25 October 2017
Delta Capita launches Big Data as a Service platform for financial services
Delta Capita, a management and consulting firms for the financial services industry, has launched a new Big Data-as-a-Service Platform.
24 October 2017
Oliver Wyman and PwC named insurance consulting firms of the year
Reactions Magazine, a global publication for the insurance and reinsurance trade industry, has named Oliver Wyman and PwC consulting firms of the year during its annual awards ceremony.
23 October 2017
Screen, KPMG and Front Consulting partner of Screen Markets
In the second week of October 2017 a large conference for professionals in the financial services sector will take place in Amsterdam.
04 October 2017
BearingPoint launches partner programme for ABACUS product suite
BearingPoint has launched an international partner programme for its suite of regulatory and risk technology solutions.
15 September 2017
FCA selects Cognizant as partner to transform technology portfolio
The Financial Conduct Authority (FCA) has selected Cognizant to support with the enhancement of the efficiency, reliability and scalability of core IT applications.
17 August 2017
Health insurance costs continue to increase globally
Private health insurance costs have increased above the rate of inflation, with cancer and diseases of the circulatory system blamed as the main cost drivers.
27 July 2017
Insurance experts launch new risk & compliance consultancy
Experts from across the insurance industry have joined forces to launch a new risk and compliance consultancy.
24 July 2017
The five main impacts of 5AMLD regulation for financial institutions
Matt Taylor, a Managing Director in the Risk and Compliance wing of Protiviti, reflects on the impact of the Fifth EU AML Directive (5AMLD) and provides tips how organisations can best prepare for th
27 June 2017
MiFID II also impacts investment firms outside of Europe
Ricardo Cruz, Senior Consultant at Delta Capita, explores the effects MiFID II will have on the business landscape outside of Europe.
18 May 2017
Medical costs continue to spiral for insurance industry
Medical insurers are once more seeing costs rise almost across the board, and while companies are planning a range of wellness and health initiatives for employees, these are unlikely to impact on
16 May 2017
Interest in FinTech services highest among younger tech savvy users
The financial services industry has, since the financial crisis, found itself operating in a rapidly evolving environment.
24 April 2017
Strategic approach to mergers & acquisitions key for insurance industry
Changes in the insurance industry, largely the result of digitalisation of key processes inside and outside the industry, is creating new incentives to engage with industry and cross industry experti
05 April 2017
Insurance industry to see profits eroded by InsurTechs and digital rivals
The insurance industry is beginning to face the prospect of digital innovation affecting their business models.
22 March 2017
Insurer Alecta hires CGI to modernise its IT capabilities in five year contract
Alecta, a Swedish insurance firm, has appointed CGI as its IT modernisation vendor. CGI will deliver a range of IT related services, for the five year contract valued at around €33 million.
28 February 2017
Insurance companies can leverage digital to improve customer loyalty
Insurance companies find it difficult to interact with their customers, with few opportunities outside moments of cause.
20 December 2016
Marsh ramps up insurance footprint in UK with Bluefin acquisition
Marsh has acquired Bluefin Insurance Group, creating one of the UK’s leading insurance brokers for mid-size and SME companies.
25 November 2016
5 factors that must be considered when relocating an operation
Amid widespread uncertainty following Brexit, companies throughout the UK, in particular in the financial services sector, are considering moving some or all of their operations out of the UK.
24 November 2016
Aegon hires Atos to deliver its protection business processes
Life insurance, pensions and asset management firm Aegon has hired Atos to deliver its protection business processes.
16 November 2016
Cognizant supports Standard Life with IT transformation programme
In a bid to support the firm’s growth ambitions in its Investments, Pensions and Savings businesses, Standard Life recently launched a large scale IT transformation programme.
18 October 2016
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